Found in Robotics News & Content, with a score of 43.88
…Transport Services Inc. announced a long-term, strategic alliance with Waymo Via that it said will advance efforts to integrate self-driving technology with commercial logistics. The companies said their ultimate goal is fully autonomous transport in the next few years. “Our pilot last year with Waymo Via really helped us get a hands-on understanding of how autonomous driving technology could be implemented within our operations,” said Craig Harper, chief sustainability officer and executive vice president at J.B. Hunt. “This strategic alliance will continue that momentum and further explore the intricate details that would make this a value-driven solution for customers.” “We…
Found in Robotics News & Content, with a score of 10.34
…delivery robot firm Nuro acquired self-driving trucking firm Ike. Waymo, which is owned by 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…
Found in Robotics News & Content, with a score of 13.13
…launched what it said was the world's first (after Waymo) and China's first robotaxi service without safety drivers available to the public. It is operating hundreds of vehicles across the country, including in a fully driverless zone covering 65 sq. mi. (168 sq. km) in the Pingshan District of Shenzhen. AutoX designs Chinese factory for quality AutoX said its new facility marks a major milestone in China’s autonomous vehicle industry, “as a dedicated production line is critical to guarantee the quality, safety, and consistency of every RoboTaxi. The facility is the first of its kind in China.” The company built…
Found in Robotics News & Content, with a score of 9.39
…$600 million in a Series D funding round, Alphabet's Waymo participated in one external fundraising round of $3 billion, and startup Coco closed on $36 million in funding in August 2021. Other delivery vehicles currently on the market are remotely piloted, “which significantly dilutes their ability to save human labor and create the strongest ROI possible,” claimed Artificial Intelligence Technology Solutions. The company said its RAD-M delivery vehicle will primarily operate autonomously, with a minimum amount of necessary human support. “I strongly believe that there is plenty of room for a breakout market leader in the delivery robot sector that…
Found in Robotics News & Content, with a score of 9.82
…m). Ryder is also working with autonomous truck developers Waymo, Embark, and TuSimple. Transaction to close soon The transaction is accretive to shareholders, and Ryder expects it to add approximately $480 million in gross revenue to its supply chain solutions business segment in 2022 and provide incremental growth to its earnings in 2022. Ryder and Whiplash said they expect to complete the transaction in late December 2021 or early January 2022, subject to satisfaction of antitrust approvals and customary closing conditions. Wofford Advisors LLC acted as lead strategic advisor to Ryder, and Blank Rome LLP acted as legal counsel on…
Found in Robotics News & Content, with a score of 9.09
…2022. Other self-driving truck developers operating in Texas include Waymo Via, Gatik, Kodiak Robotics, TuSimple, and Aurora. Map of the RELLIS Campus. Source: Texas A&M Embark partners with Texas A&M To support its expansion, Embark announced a partnership with the Texas A&M Engineering Experiment Station (TEES) to use its test track. The company plans to work closely with the Center for Autonomous Vehicles and Sensor Systems (CANVASS) and faculty in the J. Mike Walker '66 Department of Mechanical Engineering at Texas A&M University. It said it intends to achieve remaining technology milestones and develop new autonomous vehicle capabilities. These milestones…
Found in Robotics News & Content, with a score of 6.73
…highway speeds, the company said. While companies such as Waymo and Tesla are working on a range of autonomous vehicles, Aeva is collaborating with self-driving truck specialists TuSimple and Plus. In addition, Aeva announced plans in January to raise $200 million in a deal with InterPrivate Acquisition Corp., a special-purpose acquisition company (SPAC). Peter Kuepper, vice president of business development at Aeva, replied to the following questions from Robotics 24/7 about lidar and self-driving trucks: How will semi-autonomous and autonomous trucks help with today's snarled supply chains? Kuepper: Three factors have created a tipping point for the acceleration in adoption…
Found in Robotics News & Content, with a score of 44.81
…autonomous truck developers are moving forward with more trials. Waymo Via, the delivery unit of Alphabet Inc. company Waymo LLC, last week announced that it is expanding its partnership with United Parcel Service of America Inc. from vans to trucks. “As we enter into the holiday season, this year’s delivery demand and the need for freight movement remains unprecedented, and Waymo Via will help fill critical needs for our partners during this time,” said Waymo in a blog post. “That’s why we’re expanding our partnership with UPS to autonomous freight movement with Class 8 trucks, a natural next step following…
Found in Robotics News & Content, with a score of 10.68
…Google and X, as well as autonomous driving developer Waymo LLC. Generalizing lessons The X project researchers said they have applied algorithms and learnings to enable robots to generalize from one task, such as opening a door, to another task like pushing a chair. This could lead to robots that can sort trash, wipe tables with a squeegee, and grasp both cups and door handles, said Brøndmo. “Back in the 1980s, roboticist and AI luminary Hans Moravec observed that while it’s easy to train computers to do things that humans find hard, like play chess or do advanced mathematics, training…
Found in Robotics News & Content, with a score of 12.87
…cities. In January, AutoX launched the world’s second (after Waymo) and China’s first fully driverless robotaxi service that is open to the public. Source: AutoX AutoX expands robotaxi service in Shenzhen After 10 months of operation, the service area in Shenzhen has gradually expanded to become the largest fully driverless robotaxi zone in China, said AutoX. Service areas for driverless robotaxis, often dubbed “Objective Design Domains” or ODDs in the industry, are zones where robotaxis can safely provide service. AutoX said its driverless robotaxis can operate day and night, in rain and fog, and on all public roads in Shenzhen’s…
Found in Robotics News & Content, with a score of 10.59
…(M$) Transaction Date Cruise San Francisco 2,750 Investments 4/15/2021 Waymo Mountain View, Calif. 2,500 Investments 6/16/2021 Xpeng Hong Kong 2,000 IPO 6/24/2021 Momenta Beijing 1,200 Series C, C+ 11/4/2021 TuSimple San Diego 1,081 IPO 4/7//2021 Aurora Pittsburgh 1,000 SPAC 7/15/2021 Plus Cupertino, Calif. 920 SPAC, IPO 6/23/2021 WeRide Guangzhou, China 620 Series B, C 6/23/2021 Embark San Francisco 614 SPAC 6/23/2021 Level 5 San Francisco 550 Acquisition 4/26/2021 The global market for autonomous vehicles will experience a compound annual growth rate (CAGR) of 14%, growing from $719.94 billion in 2020 to $1.3 trillion in 2025, according to Research and Markets.…
Found in Robotics News & Content, with a score of 18.54
…64 million square feet. Ryder has also been working with other autonomous truck developers, including TuSimple Holdings Inc. and Waymo Via, the trucking division of self-driving car maker Waymo.