Found in Robotics News & Content, with a score of 20.50
March 12, 2017
…center of a lawsuit filed by Google parent Alphabet Inc, whose Waymo self-driving car unit accused ride services startup Uber Technologies Inc [UBER.UL] and its autonomous trucking subsidiary Otto of trade theft. Uber acquired Otto, founded by two former Google executives, last summer. Related: Self-Driving Technology for Commercial Trucking Download the Paper: Technological Disruption and Innovation in Last-Mile Delivery
Found in Robotics News & Content, with a score of 20.37
October 27, 2016
…responsible for this development is the ubiquitous ride-sharing service Uber. Uber’s recent acquisition of self-driving truck startup company Otto last August turned a lot of heads in the trucking and logistics sectors, and this week it officially began to do the same over the road, hauling more than 50,000 cans, 51,744 to be exact, of Budweiser in Colorado from Fort Collins, through downtown Denver, to Colorado Springs, for a 120-mile haul, which Otto said represents the completion of the world’s first shipment by a self-driving truck. “By using cameras, radar, and lidar sensors mounted on the vehicle to ‘see’ the…
Found in Robotics News & Content, with a score of 20.36
July 20, 2018
…then deploy them into a ride-hailing network just like Uber. Related: Is the Logistics Industry Heading Towards an AI Driven Autonomous Future? Related White Papers The Future Isn’t What It Used To Be According to predictions made a few decades ago, current travel should involve self-driving automobiles, jetpacks and flying cars, with space transport a common occurrence. Download Now! Parcel Delivery: The Future of Last Mile Currently subject to significant disruption, last-mile delivery, especially of parcels, is getting a great deal of attention in the media and from investors, and rightfully so. Download Now! Drone Technology: Clarity from Above According…
Found in Robotics News & Content, with a score of 18.43
November 13, 2018
…going to need more automation to offset the lease rates. I also expect to see more alliances with the Ubers or on-demand services that focus on last mile delivery in major urban areas.”
Found in Robotics News & Content, with a score of 17.28
March 11, 2016
…will be displaced by rivals more adept at digital technology strategy, such as Alphabet Inc’s Google or ride-sharing services Uber Technologies Inc. GM is using profits from selling large sport utility vehicles and pickup trucks to buy hedges against that risk. Source: Reuters Related: Making the Leap to Uber Trucking Download the Report: The Future Isn’t What It Used To Be
Found in Robotics News & Content, with a score of 17.08
December 18, 2016
Business Insider’s scoop on Amazon creating an Uber for Trucking app isn’t a surprise. LogTech venture capital investments have been growing rapidly these past years, as recently reported by CB Insights. What’s more, Alibaba founder Jack Ma announced earlier this year that the Chinese giant would invest nearly $16 billion dollars in logistics over the 5 to 8 years, while a Chinese logistics provider in which it invested $256 million dollars is contemplating an IPO. To top it off, Uber’s own Uber for Trucking app was soft launched just weeks ago. The takeaway is clear - companies that have focused…
Found in Robotics News & Content, with a score of 16.61
August 08, 2018
…Kodiak’s CEO, previously co-founded Otto, which was acquired by Uber in 2016. Earlier in his career, he was one of the early engineers on the self-driving car team at Google. Eshel most recently was a vice president at Battery Ventures, where he led the firm’s autonomous-vehicle investment project. “This financing, coming just three months after founding Kodiak Robotics, is a huge validation for our vision,” Burnette said. “We believe self-driving trucks will likely be the first autonomous vehicles to support a viable business model, and we are proud to have the support of such high-profile investors to help us execute…
Found in Robotics News & Content, with a score of 14.00
January 13, 2022
…independent company in February 2021, Serve is backed by Uber, 7-Eleven, and Delivery Hero’s corporate venture units and other investors. It raised $13 million in an expanded seed funding round in December. Serve Robotics uses multiple safety measures Serve Robotics said it recently completed the first-ever delivery to occur at SAE Level 4 autonomy, navigating fully autonomously in designated areas. The company explained that its robots use multiple layers of redundant systems for critical navigation functions. This includes multiple sensor modalities, including active sensors such as lidar and ultrasonics, as well as passive sensors such as cameras. The delivery robots…
Found in Robotics News & Content, with a score of 13.73
July 16, 2021
…partner Toyota, the world's No. 1 OEM supplier, and Uber, the world's largest ride-hailing network by market cap. Late last year, Aurora acquired Uber's Advanced Technologies Group for $400 million, and it acquired lidar startup OURS Technology in February. The company is testing its systems and next-generation approaches to perception and decision-making in the San Francisco Bay area, Pittsburgh, and Dallas. Transaction details “We believe Aurora will be the first to commercialize self-driving technology at scale for the U.S. trucking and passenger transportation markets based on its industry-leading team, technology and partnerships,” said Mark Pincus, Co-Founder and Director of Reinvent…
Found in Robotics News & Content, with a score of 13.22
September 08, 2023
…and Browning, another Argo AI alumnus, both worked at Uber Advanced Technology Group (ATG), which Uber Technologies Inc. sold to Aurora in 2020. “We could not be more thrilled to unveil our autonomous trucking business to the world,” said Rander. “As global commerce continues to become increasingly interconnected, now more than ever, businesses have a dire need for more reliable and efficient supply chains, especially in the trucking and freight industries.” “Leveraging our advanced AI-powered autonomous driving systems, we will improve supply chains for our customers and optimize transportation routes and energy efficiency,” he said. Source: Business Wire SoftBank backs…
Found in Robotics News & Content, with a score of 13.10
November 10, 2017
…of such make-believe futures would seem tantalizingly within reach. Uber is investing in flying car technology. Earlier this year, Airbus launched Pop.Up, a vertical takeoff and landing concept vehicle for personal mobility. And in a venture that promises “flight for all,” German start-up Volocopter has designed the 2X, a miniature helicopter with 18 rotors that will begin test flights in Dubai later this year. All of this suggests that urbanites will soon be zipping around urban airspace like George Jetson, right? Wrong! Despite big investments and bigger promises, there are physical and practical reasons why it is highly unlikely that…
Found in Robotics News & Content, with a score of 12.67
July 24, 2023
…it described last year. In December 2022, Aurora and Uber Freight announced a dedicated lane for self-driving trucks between Fort Worth and El Paso in Texas. While Argo shut down last year, Aurora and other autonomous trucking developers have continued their work and fundraising. In addition, Aurora has successfully partnered with vehicle makers Volvo Trucks, PACCAR, and Toyota, as well as hardware-as-a-service provider Continental, Urmson said. He cited FedEx, Uber Freight, Werner, Schneider, and Hirschbach are pilot customers. The company reached “feature complete” status in April, and Urmson said he expects it to reach “Aurora Driver Ready” by the end…
