Tech

Amazon has agreed to buy Zoox for a reported $1.2 billion

Amazon has acquired self-driving-taxi firm Zoox for more than $US1 billion, sources told The Information and The Financial Times. The Wall Street Journal reported in May that Amazon and Zoox were holding talks. Zoox laid off 120 staff in April because of the coronavirus pandemic. Visit Business Insider’s homepage for […]
Amazon has agreed to buy Zoox for a reported $1.2 billion
News

The $20 billion self-driving startup Cruise is adding to its leadership team even as autonomous-vehicle companies are hitting the brakes during the pandemic

Cruise is adding to its leaderships ranks with Regina Dugan, a veteran of DARPA, Google, and Facebook. Dugan will join the board and be Cruise’s first independent director. Her role will be to encourage moonshots for the autonomous ride-hailing startup, acquired by General Motors in 2016 for $US1 billion and […]
The $20 billion self-driving startup Cruise is adding to its leadership team even as autonomous-vehicle companies are hitting the brakes during the pandemic
Tech

The delivery startup Nuro just became the first self-driving vehicle company to get permission from the US government to ditch side mirrors and windshields

The autonomous-delivery startup Nuro just became the first self-driving vehicle company to receive an exemption from federal safety standards. That means Nuro can make self-driving delivery vehicles without side mirrors or windshields. Nuro’s new delivery vehicle, the R2, has two compartments for goods, but no steering wheel or seats. Nuro […]
The delivery startup Nuro just became the first self-driving vehicle company to get permission from the US government to ditch side mirrors and windshields
Tech

Zoox cofounder Jesse Levinson says there’s ‘no chance’ Tesla will launch fully self-driving cars next year, despite Elon Musk’s claims

Zoox cofounder and CTO Jesse Levinson said he thinks there’s no chance Tesla will have fully self-driving cars with no human interaction ready next year, which Elon Musk has claimed. Zoox is also a self-driving car startup, but unlike Tesla, it is developing autonomous vehicles specifically meant for ride-hailing, rather […]
Zoox cofounder Jesse Levinson says there’s ‘no chance’ Tesla will launch fully self-driving cars next year, despite Elon Musk’s claims
Tech

Tesla is reportedly buying a computer-vision company to help it make the technology for self-driving cars

Tesla is acquiring the computer-vision startup DeepScale, CNBC‘s Lora Kolodny reported. Forrest Iandola, DeepScale’s CEO, said on LinkedIn that he joined Tesla‘s Autopilot team this week. Tesla’s attempt to develop autonomous-driving technology relies heavily on cameras. According to CNBC, DeepScale’s technology is designed to enable high-quality computer vision while using […]
Tesla is reportedly buying a computer-vision company to help it make the technology for self-driving cars
Tech

Google’s self-driving car project stopped working on a system similar to Tesla’s Autopilot and Cadillac’s Super Cruise in 2013 because one of its employees fell asleep at the wheel

In 2013, before it was spun off into Waymo,Google‘s self-driving car division was developing a semi-autonomous system that would allow for hands-free driving on highways. Called “AutoPilot,” the system required drivers to keep their eyes on the road, and Google told the employees who tested it that they would take […]
Google’s self-driving car project stopped working on a system similar to Tesla’s Autopilot and Cadillac’s Super Cruise in 2013 because one of its employees fell asleep at the wheel
News

VW is investing $2.6 billion in ArgoAI following a cash infusion from Ford, valuing the self-driving-car startup at more than $7 billion

Volkswagen on Friday announced a $US2.6 billion total investment in ArgoAI, a self-driving-vehicle startup founded in 2016 that had earlier attracted $US1 billion in funding from Ford. VW’s investment is $US1 billion in cash, with the additional contribution of its $US1.6-billion, Munich-based Autonomous Intelligent Driving division. ArgoAI would remain an […]
VW is investing $2.6 billion in ArgoAI following a cash infusion from Ford, valuing the self-driving-car startup at more than $7 billion
News

Waymo is now allowed to carry passengers in its self-driving cars in California

Waymo has received a permit to carry passengers in its self-driving vehicles in California, TechCrunch‘s Kirsten Korosec first reported. But the Google spinoff cannot charge for rides, and the vehicles must have a safety driver behind the wheel. Waymo is the fourth company to receive California’s autonomous-vehicle pilot permit, after […]
Waymo is now allowed to carry passengers in its self-driving cars in California
Tech

Ford might have out-creeped Boston Dynamics with a 2-legged delivery robot

Ford released a video of a two-legged delivery robot called “Digit.” Digit is made by startup Agility Robotics, which has partnered with Ford for a research project studying how autonomous vehicles can work together with robots to deliver packages. Digit can lift 40 lbs, and is part of Ford’s plans […]
Ford might have out-creeped Boston Dynamics with a 2-legged delivery robot
News

A new study found that self-driving vehicles may have a harder time detecting people with dark skin, and it could point to a bigger issue with how the technology is tested

A new study from the Georgia Institute of Technology suggests autonomous driving systems may have more difficulty detecting pedestrians with dark skin than those with light skin. The researchers analysed how effective image-detection systems were at identifying light-skinned and dark-skinned pedestrians. On average, the image-detection systems were 5% less accurate […]
A new study found that self-driving vehicles may have a harder time detecting people with dark skin, and it could point to a bigger issue with how the technology is tested
Tech

Here’s a report that claims automated cars will outnumber cars with drivers in Australia within seven years

A report claims Australia is lagging behind most developed economies in its preparation for driverless cars, but could still see autonomous vehicles outnumber those driven by humans within seven years. Global law firm Herbert Smith Freehills released the report “Preparing Australia: Connected and Autonomous Vehicles”, focusing on the opportunities and […]
Here’s a report that claims automated cars will outnumber cars with drivers in Australia within seven years
Tech

A report claims 5G could be adding $50 billion to Australia’s GDP by 2030

A new report on 5G technology claims its benefits to Australia’s GDP could be worth up to $2,000 per person, or between $32 billion and $50 billion, by 2030. The report, “5G mobile technology: Are businesses ready to seize the opportunity?” by Deloitte will be released today at Telstra’s annual […]
A report claims 5G could be adding $50 billion to Australia’s GDP by 2030
Tech

These are the eight crucial areas where it’s still not too late for Australia to cash in on a $15 trillion global opportunity

CSIRO’s data wing commissions report into the “third wave of digital innovation” Australia lagging well behind in converting innovation to cash Australia potentially well-placed to pull in $315 billion in the next 10 years Having spent the better part of the past four decades squandering its digital opportunities, Australia still […]
These are the eight crucial areas where it’s still not too late for Australia to cash in on a $15 trillion global opportunity
Tech

Suddenly, BlackBerry is back because data security is the main game

Three years ago, Blackberry was on the verge of collapse when CEO decided to transform the business into a software company. They spent around $US1 billion on their mobile platform. The data security that was previously one of the biggest assets in Blackberry phones is now finding its way into […]
Suddenly, BlackBerry is back because data security is the main game
Markets

Apple teams up with Volkswagen to make a fleet of self-driving passenger vans

Apple just teamed up with Volkswagen to turn some of the automaker’s passenger vans into self-driving vehicles. As part of the partnership announced on Wednesday night, Apple will equip a fleet of Volkswagen T6 Transporter vans into autonomous shuttles for Apple employees. The partnership is seen as bittersweet for Apple. […]
Apple teams up with Volkswagen to make a fleet of self-driving passenger vans
Markets

UBS: These 8 stocks are going to dominate the self-driving car revolution

Self-driving cars will change which parts and suppliers automakers purchase from. UBS’ has identified eight parts suppliers set to reap the rewards of a self-driving future. Cars as we know them are about to undergo a radical transformation. As our four-wheeled transporters become more eco-friendly, connected, and autonomous, the way […]
UBS: These 8 stocks are going to dominate the self-driving car revolution
Tech

NSW is now trialling automated vehicles on Sydney’s motorways

While debate rages over a pedestrian’s death involving a self-driving Uber in the US, the New South Wales government has launched an automated driving trial on the state’s motorways in a collaboration with toll road operator Transurban and several luxury car manufacturers pushing hard into self-driving tech. The trial began […]
NSW is now trialling automated vehicles on Sydney’s motorways
Tech

Boeing is launching a huge autonomous drone research project in Australia

Boeing is building its largest autonomous vehicle program outside of the US in Queensland. The three-year project covers land, sea and air projects for both civil and defence purposes. It will create 131 jobs and has an opportunity for local small-to-medium tech companies to be involved. Aerospace giant Boeing is […]
Boeing is launching a huge autonomous drone research project in Australia