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AI Hedge Fund Is Said to Liquidate After Less Than Two Years

The fledgling world of AI hedge funds is claiming one of its first casualties.

September 7, 2018

Lack of Action in Congress on Autonomous Technology Could Hinder States, Lawmaker Warns

WASHINGTON — The small role Congress currently plays in policy for autonomous vehicle technology could eventually slow, or impede, progress for states and firms testing such systems, a key House transportation authorizer warned on Sept. 5.

September 6, 2018

Utah Driver Sues Tesla After Crashing in Autopilot Mode

SALT LAKE CITY — A Utah driver who slammed her Tesla into a stopped firetruck at a red light earlier this year while using the vehicle’s semi-autonomous function has sued the company, saying salespeople told her the car would stop on its own in Autopilot mode if something were in its path.

September 6, 2018

Bendix Updates ADAS Technology With Eye on the Future

Bendix Commercial Vehicle Systems announced the next generation of both its Wingman Fusion advanced driver assistance system and its BlindSpotter side object detection system.

September 6, 2018

Waymo, Uber Driverless Projects Make Scanning Sensors Cheaper

Google’s Waymo, Uber and carmakers GM and Mercedes-Benz are among the companies working to put driverless vehicles in showrooms. That competition also should help lower prices that can reach $75,000 apiece for the sensors that scan a car’s surrounding environment so it knows how to drive itself.

September 5, 2018

Daimler Equips Mercedes Actros With Automated Steering, Braking

Daimler AG is equipping its flagship Mercedes-Benz truck with technology that can take the wheel in situations ranging from stop-and-go city driving to highway cruising.

September 5, 2018

Fiat Chrysler Spends $30 Million on Self-Driving Test Site Near Detroit

Fiat Chrysler Automobiles is adding more muscle to its self-driving vehicle testing efforts. The company will spend more than $30 million at a new testing and development facility at its Chelsea Proving Grounds west of Detroit.

September 5, 2018

Tesla’s RoboTaxi Worth a Fraction of Waymo, Morgan Stanley Says

Tesla has let more than a few investors down of late, and one part of the company hasn’t quite lived up to expectations at Morgan Stanley either.

September 4, 2018

Tesla’s Cobalt-Light Batteries Seen Providing Cost Advantage

Tesla Inc.’s lead in battery technology gives it a cost advantage that may last for several years and help the U.S. electric-car maker face down an onslaught of new competition, according to new research from Bloomberg.

September 4, 2018

Driver Shortage in Japan Speeds Up Commercial Use of Self-Driving Tech

In Tokyo, self-driving taxis that transport passengers for a fee are being trialed. A serious shortage of taxi drivers lies behind the move, but the development of laws and regulations to deal with accidents and other issues still is lacking.

August 28, 2018