Toyota, announce $139.2M JV for autonomous robotaxi production, Toyota Motor (China) Investment, and GAC Toyota Motor have announced the formation of a joint venture aimed at the mass production and deployment of fully driverless robotaxis. The venture will be established in 2023, with an investment exceeding $139.2 million (RMB 1 billion), the companies said in a statement.

As part of the agreement, GTMC will supply Toyota branded battery electric vehicles with redundant systems suitable for L4 autonomous driving. These vehicles will be integrated with’s autonomous driving technology and will be part of’s robotaxi platform, PonyPilot+.

The joint venture brings together’s autonomous driving technology and experience, Toyota’s vehicle technologies, and GTMC’s production capabilities. The collaboration aims to increase the capacity for robotaxi services, further the commercialization of autonomous mobility, and potentially influence the development of the entire industry.

Currently, operates a fleet of around 200 Toyota and Lexus brand robotaxis in China’s Tier-1 cities (Guangzhou, Beijing, Shanghai, and Shenzhen) for road testing and public operations.

GAC Toyota Motor is an automobile manufacturing company headquartered in Guangzhou, China and a joint-venture between GAC Group and Toyota.

[Image courtesy:]

Just in

Snowflake to acquire TruEra AI observability platform

Snowflake has entered into a definitive agreement to acquire TruEra, providers of an AI observability platform. Financial terms of the transaction were not disclosed.

Biggest Windows 11 update in 2 years nearly finalized, enters Release Preview — Ars Technica

Microsoft has released Windows 11 24H2 build 26100.712 to its Release Preview testing channel for Windows Insiders, a sign that the update is nearly complete and that the company has shifted into bug-fixing mode ahead of general availability, writes Andrew Cunningham in Ars Technica. 

Elon Musk’s xAI is working on making Grok multimodal — The Verge

Elon Musk’s AI company, xAI, is making progress on adding multimodal inputs to its Grok chatbot, according to public developer documents, writes Kylie Robison in The Verge.