Oryx raises $50 million

Israeli automotive LiDAR company Oryx has raised a $50 million Series B funding round. Third Point Ventures and WRV led the rinvestment, which was joined by Union Tech Ventures, and existing...

Baidu to use Microsoft cloud for self-driving cars outside of China

The self-driving car alliance formed by Chinese Internet search giant Baidu will be using Microsoft's Azure cloud computing platform. As a member of the Apollo alliance, Microsoft will provide global scale for Apollo...

Nvidia, Baidu ink artificial intelligence partnership

Nvidia and Baidu have inked a broad partnership on artificial intelligence technology, for cloud computing, self-driving vehicles and AI home assistants. The announcement was made by Baidu president and COO Qi...

Autoliv to develop, market LiDAR sensors with Velodyne

Automotive safety systems company Autoliv has signed an agreement with Velodyne, where the company will develop auto-grade LiDAR sensors using Velodyne's 3D software technology and LiDAR ASIC engine. Autoliv will also serve...

Swift Navigation raises $34M

San Francisco-based Swift Navigation, a company working on GPS positioning technology for autonomous vehicles, raised a $34 million Series B financing round. The investment was led by Forest Baskett and Greg...

Drive.ai raises $50 million

Drive.ai, a company founded by former lab mates out of Stanford University’s Artificial Intelligence Lab, and working on creating AI software for autonomous vehicles, has raised a $50 million series B...

Volvo, Nvidia developing AI software for self-driving cars

Volvo Cars and Autoliv are teaming up with Nvidia to develop advanced systems and software for AI self-driving cars, the companies announced on Tuesday. The three companies will work together along with...

AEye closes $16M Series A round

Pleasanton, California-based robotic vision company AEye has closed a $16 million series A venture round from Kleiner Perkins Caufield & Byers, Airbus Ventures, Intel Capital, and Tyche Partners. AEye develops advanced vision...

Jaguar invests in Lyft; inks autonomous vehicle partnership

InMotion, Jaguar Land Rover’s mobility services business, has announced a $25 million investment in rideshare company Lyft. This investment will support Lyft’s expansion and technology plans, and will provide Jaguar the opportunity...

Transdev, Delphi partnering on automated transport system

Mobility services company Transdev and Delphi Automotive have inked a commercial partnership to develop a fully-automated, mobility-on-demand (AMoD) transport system. The system will utilize Transdev Universal Routing Engine (URE) and Delphi’s automated...

Japan aims to launch self-piloting ships by 2025 — Nikkei Asian Review

Japan's shipbuilders and maritime shippers are teaming up to make self-navigating ships a reality, reports the Asian Nikkei Review. Here is the link.

BlackBerry launches software for autonomous vehicle security

BlackBerry has launched the QNX Hypervisor 2.0. This real-time Type 1 Hypervisor based on QNX SDP 7.0, is BlackBerry's most advanced and secure 64-bit embedded operating system, says the company. It...

New York State okays autonomous vehicle testing with Audi

New York has approved Audi's application to be the first company authorized to perform autonomous vehicle testing in the state. The automaker says it intends to demonstrate and test vehicles in New York with Society of Automobile Engineers (SAE)...

Cloud Security Alliance releases guidance on connected vehicle security

The Cloud Security Alliance (CSA) has released its research and guidance report on connected vehicle security.  Authored by the CSA's Internet of Things (IoT) Working Group, the report provides a perspective on vehicle...

Autonomous vehicles will add $81 billion in new insurance premiums: Accenture

Insurance coverage for autonomous vehicles will bring US$81 billion in new premiums to the U.S. auto insurance industry over the next eight years, driven by risks related to cybersecurity, software and...