Uber appoints new CFO as its AV plans accelerate
Uber is promoting Balaji Krishnamurthy, its VP of strategic finance and investor relations, to be its CFO, replacing its current finance chief Prashanth Mahendra-Rajah.
Transportation
Apeiron Labs gets $29M to flood the oceans with autonomous underwater robots
Most of what we know about the ocean just skims the surface, literally. We’ve gathered a large quantity of data on the oceans from satellites, but most of that is based on the top layer of water. Below that, the picture gets murkier. Buoys, ships, and some autonomous rovers have recently added some detail, but […]
Apeiron Labs gets $9.5M to flood the oceans with autonomous underwater robots
Most of what we know about the ocean just skims the surface, literally. We’ve gathered a large quantity of data on the oceans from satellites, but most of that is based on the top layer of water. Below that, the picture gets murkier. Buoys, ships, and some autonomous rovers have recently added some detail, but […]
Elon Musk is merging SpaceX and xAI to build data centers in space — or so he says
On Monday, Elon Musk announced that he was merging two of his companies, SpaceX and xAI, in a deal said to be worth $1.25 trillion. The reason, Musk said in an announcement, was that in order for AI to grow, it needed to go to space. AI relies on “large terrestrial data centers” that run […]
Skyryse lands another $300M to make flying, even helicopters, simple and safe
Skyrsye, now valued at $1.15 billion, is pushing to get FAA certification for its universal operating system for flight.
China is banning hidden electric door handles for EVs
China is banning Tesla-style concealed door handles on electric vehicles to address safety concerns regarding people getting trapped inside their cars. The ban will take effect on January 1st next year, according to the Ministry of Industry and Information Technology’s announcement, and will require all vehicles sold in China to have mechanical release door handles […]
The Model S changed everything
The Tesla Model S is at the end of its illustrious 14-year run – and what a dizzying ride it’s been. In 2012, when Tesla made its first Model S deliveries to customers, Facebook acquired Instagram. Apple launched the iPhone 5 and iOS 6. Barack Obama sailed into his second term. Superstorm Sandy shredded New […]
Waymo raises $16B to scale robotaxi fleet internationally
The round, led by Dragoneer Investment Group, DST Global, and Sequoia Capital, now values the autonomous vehicle company at $126 billion.
Waymo raises $16 billion to take its robotaxi business ‘global’
Waymo announced a $16 billion investment round aimed at bringing its robotaxi business to more US cities, as well as some overseas markets. The funding round was led by Dragoneer Investment Group, a “crossover” firm known for investing in late-stage tech companies before they go public. Waymo’s co-CEOs said in a blog post they would […]
China is leading the fight against hidden car door handles
The Chinese government issued a new rule that goes into effect January 1, 2027.