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GM’s Cruise raises $1.15 billion at $19 billion valuation

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(Reuters) — General Motors’ majority-owned Cruise self-driving division on Tuesday said T. Rowe Price and a group of existing investors put down $1.15 billion...

Daimler acquires majority stake in Torc Robotics to accelerate autonomous truck...

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Daimler is betting big on autonomous trucks, as the German automotive giant today announced that its trucking division is buying a majority stake in...

China is building a 5G smart highway for autonomous cars and...

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China is moving forward in the global “race to 5G,” as state-owned carrier China Mobile has announced (via Xinhua) that it’s already building the...

Autonomous vehicles will completely change how we shop

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Since 2015, there have been at least 57 major retail bankruptcies. And after more than 5,000 store closures in 2017, we are on track...

Volvo and Luminar demo advanced lidar tech that gives autonomous cars...

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Volvo and and autonomous vehicle sensor company Luminar gave a glimpse into the future of autonomous cars at the Automobility LA trade show in...

Daimler and Bosch lay out plans for autonomous taxi service in...

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Bustling San Jose — the third-largest metropolis in California, according to the 2010 census — is about to become a testbed for autonomous cars...

Honda steers $2 billion into GM’s Cruise self-driving cars

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Honda will invest $2 billion and take a 5.7 percent stake in General Motors’ Cruise self-driving vehicle unit, to jointly develop self-driving vehicles for...

Israel’s Airobotics opens U.S. HQ in Arizona as autonomous drone maker’s...

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As revolutions go, Ran Krauss wasn’t satisfied that drones were going far enough, fast enough. While the tiny flying machines offered potentially transformative services,...

Toyota invests $500 million into Uber self-driving car program

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(Reuters) — Toyota will invest $500 million in Uber to jointly work on developing self-driving cars, a source familiar with the matter said on...