This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
At the height of its success, Cruise was running robotaxi services in San Francisco, Austin, Houston, and Phoenix. Source: Cruise General Motors Co. today announced that it will no longerfundCruise LLC’s robotaxi deployment work. billion in 2023.
At the height of its success, Cruise was running robotaxi services in San Francisco, Austin, Houston, and Phoenix. Source: Cruise General Motors (GM) today announced that it will no longerfundCruise LLC’s robotaxi deployment work. billion in 2023.
The road continues to be bumpy for robotaxidevelopers. Earlier this week, Cruise and Motional , two leading U.S.-based based robotaxi companies, lost major funding sources that could significantly alter their futures. Let’s start with Cruise. billion on Cruise since 2017. .”
Ben recognizing the immediate market potential for the software and AI algorithms developed by the company, pivoted from hardware development to a software-centric approach. Palladyne AI has developed software capable of teaching robots complex tasks in under 20 minutes. billion in 2023.
Through its new fleet partnership with Moove, the company’s Waymo One robotaxi service will be open to riders in Miami in 2026. The self-driving unit of Alphabet spent 2024 expanding its robotaxi service across multiple cities, including San Francisco , Phoenix , and Los Angeles.
Waymo’s 6th generation robotaxis have 13 cameras, 4 lidar, 6 radar, and an array of external audio receivers. First, Waymos robotaxis are currently only available in urban areas. Waymo, the self-driving unit of Alphabet, has been expanding its robotaxi operations this year.
When Cruise was most successful, it was running services in three cities, and it planned to expand to a dozen more in 2024. Source: Cruise Yesterday, Cruise LLC began laying off more employees, the company confirmed to The Robot Report. These recent layoffs likely aren’t surprising to Cruise employees.
While the year was full of exciting innovations and new technologies, we also saw the industry weather dips in funding and slower sales. The company closed its Series B round of $675 million in February, marking one of the biggest funding rounds of the year. Amazon also further invested in developing foundation models.
We organize all of the trending information in your field so you don't have to. Join 45,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content