Found in Robotics Companies & Businesses, with a score of 44.08
April 10, 2021
Founded in 2013, Cruise is developing fully electric, autonomous vehicles such as Origin for ride-sharing and delivery services. In 2016, General Motors acquired the company, which is working with other automakers and technology firms such as Microsoft.
Found in Robotics News & Content, with a score of 33.96
July 20, 2018
General Motors (GM), like other automakers, is using 3D printing technology to create parts for its new vehicles, and has already leveraged the technology for prototyping and other design-related activities. The company also plans to expand its use of the technology to improve manufacturing processes at its production facilities. According to an article in Automotive News, the company believes the technology could save them millions in annual production costs. During a press tour of GM’s Lansing Delta Township assembly plant, the company’s director of global manufacturing integration, Dan Grieshaber, said that the company has 3D printers in most of its…
Found in Robotics News & Content, with a score of 28.93
March 11, 2016
…venture capital to date, founder Kyle Vogt told Reuters. General Motors (GM) and Cruise did not disclose the value of GM’s acquisition, but Re/code reports that the acquisition cost GM “over $1 billion. “We will be committing considerable resources to recruit and grow the capability of the team,” GM President Dan Ammann told Reuters. GM’s goal is to use Cruise’s technology and its people to accelerate plans to launch autonomous vehicles, potentially as part of ride sharing fleets, “as soon as possible,” Ammann said. He did not offer a specific time frame. GM’s acquisition of Cruise is the latest in…
Found in Robotics News & Content, with a score of 28.06
January 14, 2022
…Google parent Alphabet, and Cruise, which spun out of General Motors, have pumped billions of dollars into self-driving car research and development. Cruise acquired Voyage in March 2021. Also this week, Magna International acquired the employees and assets of Boston-based Optimus Ride Inc. Former Local Motors executives expressed optimism, however, about the industry's potential. “As with most adventures, they must come to an end. Local Motors has closed its doors,” wrote Jeff Hollowell, senior vice president of information technology at Local Motors, on LinkedIn. “It has been an exciting, challenging, and educational experience working with Olli and all the team…
Found in Robotics News & Content, with a score of 24.66
March 21, 2022
General Motors Co. last week announced it is buying the SoftBank Vision Fund's stake in its Cruise self-driving car company for $2.1 billion. San Francisco-based Cruise makes electric, driverless vehicles such as the Origin shuttlebus. Last month, the company announced that SoftBank was going to invest an additional $1.35 billion because Cruise had started operating its fully autonomous vehicles. It has also begun offering self-driving car rides to the public in San Francisco, claiming to be the first company to do so. Now that GM has bought SoftBank Vision Fund's stake, it will give Cruise the $1.35 billion in SoftBank…
Found in Robotics News & Content, with a score of 24.54
October 09, 2015
…Elena Dominguez of Pilz Automation Safety, Marty Linn of General Motors and Kevin Clark of Continental Automotive Systems. Other topics include how automation standards impact robot safety, an OSHA view on robot safety, and using risk assessment tools to prevent injuries in robotic systems. The International Collaborative Robots Workshop explores advancements in the field with a global view on collaborative robot technology, applications, safety implications and human impacts. The workshop will host speakers from leading robotics organizations including Georgia Tech, Carnegie Mellon, Rethink Robotics, Universal Robots, ABB, KUKA, FANUC, Precise Automation, Beckman Coulter, Robotiq, Soft Robotics, Marlatt Automation/FIPA. There will…
Found in Robotics News & Content, with a score of 20.36
September 23, 2021
General Motors Co. today said it will invest $300 million in Momenta to accelerate the development of next-generation, self-driving technologies for future GM vehicles in China. “Customers in China are embracing electrification and advanced self-driving technology faster than anywhere else in the world, and the agreement between GM and Momenta will accelerate our deployment of next-generation solutions tailor-made for our consumers in China,” stated Julian Blissett, executive vice president of General Motors and president of GM China. “Momenta is committed to developing breakthrough artificial intelligence solutions to push beyond the frontier of possibilities today and significantly improve personal mobility experiences,”…
Found in Robotics News & Content, with a score of 17.90
April 25, 2017
…A3 released a white paper exploring how companies like General Motors and Amazon continue to grow their workforce even as they add automation technologies. Automate 2017 also garnered increased international participation. For the first time, 13 Chinese automation companies exhibited, reflecting China’s dramatic growth in robotics implementation and development. A first-ever joint US-China Robotics Forum brought together leaders from the Robotic Industries Association (RIA) and its counterpart, the China Robot Industry Alliance (CRIA). A3 also announced Apellix as the winner of the Automate Launch Pad Startup Competition. Sponsored by GE, the competition provided eight innovative startup companies with an opportunity…
Found in Robotics News & Content, with a score of 17.68
January 04, 2021
…from across the automotive ecosystem. Included are Tommy Cvetanovski, General Motors; Siddha Ganju, NVIDIA; and Maciej Ksiazek, Aptiv. Image courtesy of CES/Aurora Labs. Aurora Labs’ Auto Validate solution gives the automotive manufacturers the transparency to validate what software changes have been made, how they affect other components in the complex software system and to reduce software failures. According to auto manufacturers, there are several market trends driving the need for automotive manufacturers to have a ‘glass-bottom boat view’ into automotive software. One major market event is the recent UNECE ratification of WP.29. According to the UNECE WP.29 position paper, evidence…
Found in Robotics News & Content, with a score of 17.35
April 15, 2021
…in 2020. In January 2021, Cruise and parent company General Motors announced that they will work with Microsoft's Azure cloud computing platform as they develop and commercialize self-driving vehicles. Microsoft joined GM, Honda, and other investors in investing $2 billion in Cruise. Last month, Cruise acquired Voyage, which has been working on technology to provide autonomous mobility in senior citizen communities. Autonomous vehicle companies accounted for more than $3.3 billion in transactions in the first quarter of 2021. Last week, TuSimple Holdings announced an IPO of more than $1 billion as it develops autonomous trucks. Dubai's Road and Transport Authority…
Found in Robotics News & Content, with a score of 16.77
May 02, 2024
…Currently, the company is piloting these visual robots with General Motors & DENSO. “We are excited to bring our technology to the global stage,” said Nikhil Ramaswmay, co-founder & CEO at CynLr. “We recently opened a hardware design facility in Switzerland where we are developing these visual robots using the skilled talent & advanced research facilities available there… We envision that CyRo has the potential to change the future of industrial automation, ushering in an era of ‘universal factories -product agnostic factories.” CynLr has a team of 50 plus engineers who are skilled in vision, robotics and engineering. CynLr’s vision…
Found in Robotics News & Content, with a score of 14.60
February 25, 2022
…in 2021 to $20.3 billion in 2028. Amazon's Zoox unit is operating autonomous shuttle buses in Las Vegas, and General Motors-backed Cruise has opened rides to the public in San Francisco. Aurora and Toyota are planning an autonomous van pilot for multiple U.S. cities, while China-based WeRide is testing driverless vehicles in San Jose, Calif. Alphabet unit Waymo recently sued the California Department of Motor Vehicles to keep details of its autonomous vehicle deployment permit, including some public-safety data, private. It and other developers are also testing autonomous vehicles in Arizona.
