Posts Tagged ‘SelfDriving’
Grab signs MOUs with 4 firms to explore self-driving vehicles’ role in South-east Asia
It will assess how the technology can improve safety and reduce accidents, among others [SINGAPORE] Grab signed new memoranda of understanding (MOUs) with four autonomous technology companies to explore the impact and role of autonomous vehicles (AVs) in South-east Asia, the company said on Monday (Mar 10). The technology company will work with Autonomous A2Z,…
Read MoreDidi’s self-driving unit said to seek funds at US$5 billion value
Autonomous driving and machine learning have been at the forefront of a recent rally in China’s equity markets, initiated by the arrival of startup DeepSeek’s low-cost R1 model DIDI Global is seeking fresh capital for its autonomous driving unit that could value it at about US$5 billion, sources familiar with the situation said, as Chinese…
Read MoreCybertruck Driver Shares Message for Musk After Crashing in Self-Driving Mode: ‘Help Save Others From the Same Fate or Far Worse’
A self-driving Cybertruck crashed after its human driver got “complacent.” X A man behind the wheel of a Cybertruck pickup went viral after sharing that his vehicle crashed while in self-driving mode in Reno, Nevada, earlier this week. “Don’t make the same mistake I did. Pay attention. It is easy to get complacent now –…
Read MoreBYD shares hit record high, trouncing Tesla’s stock; to integrate DeepSeek and broaden self-driving tech
BYD shares briefly rose to their highest intraday price on record, reflecting optimism that the Chinese electric vehicle (EV) leader will further challenge peers such as Tesla through its smart driving strategy. The automaker’s Hong Kong-listed stock jumped as much as 4.5 per cent to an all-time high earlier on Tuesday (Feb 11) after the…
Read MoreTech Founder Trapped In Self-Driving Taxi as It Repeatedly Circles Parking Lot Instead Of Taking Him to Airport: ‘Has This Been Hacked?’
A man nearly missed his flight as a Waymo car drove him around in circles. KCAL/YouTube A Los Angeles tech entrepreneur’s journey to the airport turned into a confusing ordeal when his self-driving taxi malfunctioned, circling a parking lot repeatedly and leaving him trapped. On his way to Sky Harbor International Airport in Phoenix in…
Read MoreTrump team is seeking to ease US rules for self-driving cars
MEMBERS of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles one of the Transportation Department’s priorities, according to people familiar with the matter. If new rules enable cars without human controls, it will directly benefit Elon Musk, the Tesla chief executive officer and Trump…
Read MoreChina EV makers push self-driving as Tesla threat looms
AUTONOMOUS driving and artificial intelligence are the buzzwords at this week’s Guangzhou auto show – the last major gathering of Chinese carmakers for the year. With Elon Musk’s Tesla aiming to bring what it markets as full self-driving to China in the first quarter of next year, pending regulatory approval, domestic electric car manufacturers…
Read MoreGM’s Self-Driving Cruise To Pay $500,000 Fine For Submitting False Report
Cruise LLC, the self-driving unit General Motors, openly admitted at having submitted a false report in order to influence the outcome of a federal investigation and will pay a fine of $500,000. The Department of Justice revealed on Thursday that both parties have agreed to go for a deferred prosecution agreement in order to avoid…
Read MoreToyota, NTT to make 500 billion yen R&D investment for AI self-driving: report
TOYOTA Motor and Japan’s Nippon Telegraph and Telephone (NTT) will invest 500 billion yen (S$4.3 billion) in research and development (R&D) to create artificial intelligence (AI) software to improve self-driving, Nikkei reported on Tuesday (Oct 29). The carmaker and the Tokyo-headquartered telecommunications major are planning to develop automotive software which will use AI to anticipate…
Read MoreChinese self-driving car company WeRide notches US$4.21 billion valuation in US IPO
SELF-DRIVING car company WeRide notched a valuation of about US$4.2 billion, after raising US$120 million in its US initial public offering (IPO) on Friday (Oct 25), becoming the latest Chinese company to capitalise on easing regulatory hurdles to list in New York. The company sold 7.7 million American depositary shares (ADS) in the offering at…
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