Dec 12, 2019 | Business, Venture Capital
PrecisionHawk just raised $32 million to help the commercial drone industry — get off the ground. Investors in the round include Millennium Technology Value Partners, Third Point Ventures, Eastward Capital Partners, and others. The startup, founded in 2010, offers...
Dec 12, 2019 | Autonomous Vehicles, Business, Featured
The world’s largest retailer said Tuesday it has teamed up with Nuro, a Mountain View, California-based autonomous vehicle startup, to pilot grocery deliveries in Houston. Nuro, founded in 2016, has already raised $1 billion in funding, according to...
Dec 5, 2019 | Business, Featured, Mobility
May Mobility, a Michigan-based startup that is operating autonomous shuttle services in three U.S. cities, has raised $50 million in a Series B round led by Toyota Motor Corp. The funding, which comes less than a year after May Mobility raised $22 million, will be...
Dec 5, 2019 | Artificial Intelligence, Autonomous Vehicles, Business
Volvo is making an investment in Palo Alto-based Apex.AI, a startup working on developing a robotic operating system qualified for use in production automobiles. Apex.AI, founded by automated systems engineers Jan Becker and Dejan Pangercic, raised $15.5 million in a...
Nov 20, 2019 | Artificial Intelligence, Business
NVIDIA (NASDAQ:NVDA) reported third-quarter fiscal 2020 results after the market closed last Thursday. The graphics processing unit (GPU) specialist’s revenue fell 5% year over year to $3.01 billion, and earnings per share (EPS) adjusted for...
Nov 20, 2019 | Business, Electric Vehicles, Featured
After years of automakers losing money on EVs, including Ford’s first foray that started nearly a decade ago, Ford CEO Jim Hackett on Sunday said the Mach-E will be profitable. KEY POINTS Top performance models of the Mustang Mach-E will achieve 0-60 mph in the...
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