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Driverless Tech Firm Pony.ai Seeks Up to $195 Million in IPO

Pony.ai Inc. is looking to raise as much as $195 million from its U.S. initial public offering as automotive-related companies lead a modest pickup in Chinese listings.

November 15, 2024

Zoox Robotaxis Roll Out in San Francisco

Zoox’s self-driving vehicles began rolling out in San Francisco’s SoMa neighborhood this week, and are expected to compete with robotaxis designed by Waymo.

November 12, 2024

Waymo’s Robotaxis Are Now Open to Anyone in Los Angeles

Waymo on Nov. 12 opened its robotaxi service to anyone who wants a ride around Los Angeles, marking another milestone in the evolution of self-driving car technology.

November 12, 2024

NHTSA Warned Tesla Months Before Self-Driving Probe

In a May 15 email sent to Tesla representatives, an NHTSA official flagged seven social media posts that gave the agency pause.

November 8, 2024

Trump-Musk Alliance May Boost Tesla, Reshape Big Tech

Silicon Valley is bracing for a different relationship with the U.S. government as Donald Trump prepares to return to the White House.

November 6, 2024

Lyft Teams With Mobileye in Series of Autonomous Deals

Lyft announced three new partnerships with autonomous driving technology vendors, including Intel spinoff Mobileye, as it plays catch-up in offering driverless rides on its platform.

November 6, 2024

States Prepare Rules for Autonomous Vehicles

While no fully autonomous cars are in regular use in the country yet, some states have allowed limited testing and pilot programs on public roads.

November 5, 2024

US Taps California for CHIPS for America R&D Facility

Sunnyvale, Calif., will host both a research and development semiconductor facility and serve as joint headquarters for Natcast and the National Semiconductor Technology Center.

November 4, 2024

Waymo Valued Over $45B After Latest Funding Round

The business said late last week that it had raised $5.6 billion in new capital at an undisclosed value. The financing was led by Alphabet, which also owns Google.

October 31, 2024