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$Pony AI (PONY.US)$
Pony AI CEO James Peng emphasized the company's strategic focus on supply chain diversification and international market expansion following its Nasdaq debut, as the autonomous driving technology firm navigates ongoing U.S.-China tensions.
"For us, it's nothing new. We have dealt with this for quite some time already," Peng told Bloomberg Television on Thu, addressing p...
Pony AI CEO James Peng emphasized the company's strategic focus on supply chain diversification and international market expansion following its Nasdaq debut, as the autonomous driving technology firm navigates ongoing U.S.-China tensions.
"For us, it's nothing new. We have dealt with this for quite some time already," Peng told Bloomberg Television on Thu, addressing p...
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$Baidu (BIDU.US)$
Apollo Go, tech company Baidu's autonomous robotaxi service, will reportedly expand its trial services to Hong Kong before the end of 2024. Hong Kong marks the next city in mainland China where Baidu's robotaxis may be operational as the company continues to grow as the leader in autonomous public rides in the country.
Baidu is known as China's Google. Both started as search engines and expanded to robot...
Apollo Go, tech company Baidu's autonomous robotaxi service, will reportedly expand its trial services to Hong Kong before the end of 2024. Hong Kong marks the next city in mainland China where Baidu's robotaxis may be operational as the company continues to grow as the leader in autonomous public rides in the country.
Baidu is known as China's Google. Both started as search engines and expanded to robot...
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$Tesla (TSLA.US)$
Tesla has confirmed through a new job listing that it plans to establish a 'teleoperation' team to remote control its upcoming robotaxi fleet.
It's something that Tesla really needs in order to deliver a robotaxi service, and something that market leader Waymo has already deployed.
Teleoperation involves controlling the robotaxi by a human through remote control. It is old technology and has been around for 40 years. This is not leve...
Tesla has confirmed through a new job listing that it plans to establish a 'teleoperation' team to remote control its upcoming robotaxi fleet.
It's something that Tesla really needs in order to deliver a robotaxi service, and something that market leader Waymo has already deployed.
Teleoperation involves controlling the robotaxi by a human through remote control. It is old technology and has been around for 40 years. This is not leve...
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Last week, U.S. equity markets displayed a mixed performance. The tech-heavy Nasdaq and semiconductor stocks struggled, while the Russell 2000 and Dow Jones enjoyed stronger rebounds, driven by a surge in small-cap and mid-tier tech names. Investors should note that this rebound may run its course after Thanksgiving, setting up a period of consolidation. Looking ahead, large-cap tech and semiconductor stocks might play catch-up next week...
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$Uber Technologies (UBER.US)$
Uber Technologies Inc. plans to invest in Pony AI Inc.'s US initial public offering, which is expected to be priced next week after being upsized by the autonomous driving firm, people familiar with the matter said.
Uber has been busy scaling up its robotaxi operations.
San Francisco-based Uber is seeking to buy more than USD10 million of shares in Pony AI's IPO, the people said, asking not to be identified dis...
Uber Technologies Inc. plans to invest in Pony AI Inc.'s US initial public offering, which is expected to be priced next week after being upsized by the autonomous driving firm, people familiar with the matter said.
Uber has been busy scaling up its robotaxi operations.
San Francisco-based Uber is seeking to buy more than USD10 million of shares in Pony AI's IPO, the people said, asking not to be identified dis...
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$Tesla (TSLA.US)$
Tesla will admit they need Lidar to enable autonomous driving "at some point, " according to Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management.
"At some point they will admit they need LiDAR," Gerber wrote on social media platform X, referring to the EV giant's intent of enabling autonomous driving with cameras and artificial intelligence alone.
Lidar, short for Light Detecti...
Tesla will admit they need Lidar to enable autonomous driving "at some point, " according to Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management.
"At some point they will admit they need LiDAR," Gerber wrote on social media platform X, referring to the EV giant's intent of enabling autonomous driving with cameras and artificial intelligence alone.
Lidar, short for Light Detecti...
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$Alphabet-C (GOOG.US)$
After getting a hefty USD5.6 billion in fresh capital last week, Alphabet's autonomous driving unit Waymo is now reported to be valued at more than USD45 billion.
Automotive News reported that the latest round of financing led by Google-owned Alphabet included outside investors. Alongside an expanded partnership with Uber, the influx of cash will help the company expand its Waymo-One robotaxi service in San Francisco, Los Ang...
After getting a hefty USD5.6 billion in fresh capital last week, Alphabet's autonomous driving unit Waymo is now reported to be valued at more than USD45 billion.
Automotive News reported that the latest round of financing led by Google-owned Alphabet included outside investors. Alongside an expanded partnership with Uber, the influx of cash will help the company expand its Waymo-One robotaxi service in San Francisco, Los Ang...
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$Tesla (TSLA.US)$
Wayve, a well-funded London-based autonomous vehicle startup backed by Uber and Softbank, will begin testing its "Tesla-like" self-learning automated driving software in San Francisco and the Bay Area. The move marks its first on-road trials outside of the UK.
Wayve opened a new office in Sunnyvale, California, to support its US expansion and AI development, which is intended to allow vehicles to interact ...
Wayve, a well-funded London-based autonomous vehicle startup backed by Uber and Softbank, will begin testing its "Tesla-like" self-learning automated driving software in San Francisco and the Bay Area. The move marks its first on-road trials outside of the UK.
Wayve opened a new office in Sunnyvale, California, to support its US expansion and AI development, which is intended to allow vehicles to interact ...
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