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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...

Autonomous Truck Startup Outrider Raises $62 Million

Colorado-based autonomous truck provider Outrider has raised $62 million in an oversubscribed Series D financing round.  The round, led by Koch Disruptive Technologies, raises the amount of...

Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles: 😮 Tech Giants Invest $200 Million in Waabi for Fully Driverless Trucks. “In an announcement on Tuesday, Waabi stated that it had raised $200 million in an...

TomTom Reports 2023 Results, Records $2.7 Billion Auto Backlog

Due to flat automotive demand, TomTom  said it would see level sales this year as a backlog of auto orders expires.  The company, which reported...

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...

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