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Waymo Finalizes $5.6 Billion in Investments, Gave 100,000 Paid Rides

Despite legions of naysayers in the media, there is strong financial interest in autonomous vehicles as Waymo closed $5.6 billion in an investment round late last...

Industry Reacts To Elon Musk’s Robotaxi Reveal

Industry lukewarm about announcement, Apple cancels autonomous vehicle program altogether In a much-anticipated announcement, Tesla TSLA 0.00%↑ honcho Elon Musk last week rolled out two autonomous vehicle models, the Robovan and the Cybercab. ...

Cruise Robotaxis To Be Offered on Uber’s Platform

Uber Technologies UBER 0.00%↑ and General Motors’ GM 0.00%↑ Cruise late last week announced a multiyear partnership that will bring robotaxis to the rideshare...

U.S. Government on Verge of Banning Chinese Software for Connected and...

Level 3 automation and above software could be barred… The U.S. government, specifically the Commerce Department, plans to ban Chinese software for connected and autonomous vehicles, according...

Alphabet To Invest $5 Billion in Waymo

Large investment comes as Waymo expands further into San Francisco So much for autonomous vehicle funding drying up.  Alphabet GOOG -0.01%↓ announced this week that it will invest $5...

Cruise Gets $850 Million From GM

Company has burned through $8.2 billion since 2017, hopes to restart testing There is hope for Cruise, the robotaxi company that was forced to cease operations...

California Shuts Down Cruise Deployment and Testing Permits, Waymo Partners With...

Saying the company withheld video footage of a recent traffic incident, the California Department of Motor Vehicles this week suspended GM GM -2.83%↓ Cruise’s deployment and testing permits.  The suspension comes only...

Turbulent Approval for Autonomous Vehicles in San Francisco

CPUC passed AV expansion in city, despite traffic jams, blocked emergency vehicles After much controversy, the California Public Utilities Commission (CPUC) last week granted GM GM -1.47%↓ Cruise and Waymo permission to use roads...

Industry Layoffs Continue as Waymo Cuts Staff

Other location industry companies follow with cuts Autonomous vehicle developer Waymo laid off employees earlier this week in a move that came after large cuts at parent company Alphabet and Google GOOG -0.36%↓ . ...

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