IDTechEx released a report that provides outlooks for the next twenty years in the autonomous driving market.
GM invests another $850M into Cruise as it expands manual operations
To date, General Motors has invested more than $8 billion into Cruise, and in 2023 alone, the company lost $3.48 billion.
Cruise Origin driverless vehicle designed to disrupt transportation
The Cruise Origin autonomous vehicle, which is ready for production, promises to make urban transportation safer, more affordable, and a better experience for passengers.
Robotics investments recap: May 2019
May 2019 might have been a slow month for robotics transactions, but investors are still bullish on robots, autonomous vehicles, and AI for supply chain, healthcare, and food applications.
Driverless investment tops $1.6B so far this month
After last week’s $582 million in funding for autonomous vehicle companies, you might think that driverless investment would coast for a while. However, this week saw more than $1 billion in support for developing self-driving cars and trucks. President’s Day is traditionally the time for car sales, but the automakers and big technology companies are…