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Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: ☹ Mobileye to Close Aftermarket Unit, Lay Off 130. “Israeli advanced driving assistance systems (ADAS) company Mobileye Global MBLY 2.55%↑ has announced that it is closing...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: 💰 Applied Intuition Lands $6B Valuation for AI-Powered Autonomous Vehicle Software. “The eye-popping funding round is the latest example of investor fervor for...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: 🚩 Biden Administration Investigating Chinese-Made 'Smart Cars' for National Security Risks. “The U.S. Commerce Department will investigate the risks associated with connected cars that incorporate...

Lidar Companies Find Other Markets for Profit

LAS VEGAS—Despite fears of automotive market saturation, there were dozens of companies offering lidar sensors for automotive and other uses at CES.  Some companies...

Intergeo 2023 Features Product Rollouts and Deal

BERLIN—The Intergeo 2023 conference here featured a number of geospatial product rollouts and even a few deals.  Topcon Positioning Systems and SOCOTEC have announced an agreement for Topcon to provide...

MWC Las Vegas Focuses on 5G, Connectivity. Not So Much Location…

LAS VEGAS—While this year’s MWC Las Vegas 2023 trade show here focused on the carrier’s 5G efforts, connectivity solutions and AI, location industry participation was only visible...

Intel To Sell Part of Mobileye for $1.5 Billion

Lidar manufacturer's stock has doubled since last year's IPO Intel Corp. INTC 0.00 plans to sell a part of Mobileye Global MBLY 0.00, maker of...

Luminar Accused of Passing off Chip Design as Its Own Technology

Lidar company Luminar LAZR -6.90%↓ has been accused of passing off a future chip design as its own technology at a recent investor conference, according to Forbes.  Israeli startup LidWave sent a...

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 1.59%↑ . ...

LiDAR Companies Offering Smaller, More Capable Systems at CES

LAS VEGAS—An increasing number of LiDAR (light imaging detection and ranging) companies at CES this year touted higher resolution, smaller size and...

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