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Waymo LLC, formerly known as the Google Self-Driving Car Project, is an American autonomous driving technology company headquartered in Mountain View, California. It is a subsidiary of Alphabet Inc .
The AID technology unit, consisting of over 200 employees, was first launched to develop autonomous vehicle technology for VW automobiles. According to the terms of the deal, VW was to purchase Argo AI shares from Ford for $500 million over three years, while Ford would invest the remaining $600 million of its $1 billion cash commitment to the ...
After peaking just above $13 in late 2021, shares plummeted amid a broader slump in the autonomous vehicle industry over the next two years. Aurora shares have gained over 150% in the last year.
Nuro, Inc. is an American robotics company based in Mountain View, California. Founded by Jiajun Zhu and Dave Ferguson, [2] Nuro develops autonomous delivery vehicles and is the first company to receive an autonomous exemption from the National Highway Traffic Safety Administration. [3]
The company intended to go public on the New York Stock Exchange via an SPAC route. However, in 2021, the company suspended its plans due to Chinese regulators. [24] In October 2023, Pony.ai received $100 million from Neom, Saudi Arabia, to develop, manufacture and deploy autonomous vehicles and smart infrastructure in Neom and the MENA region ...
The Google driverless car project maintains a test fleet of autonomous vehicles that had driven 300,000 miles (480,000 km) with no machine-caused accidents as of August 2012. [10] By April 2014 700,000 autonomous miles (1,100,000 km) were logged. [151] By December 2016, 2,000,000 miles (3,219,000 km) had been self driven. [152]
Chris Urmson is a Canadian engineer, academic, and entrepreneur known for his work on self-driving car technology. He cofounded Aurora Innovation, a company developing self-driving technology, in 2017 and serves as its CEO. [1] Urmson was instrumental in pioneering and advancing the development of self-driving vehicles since the early 2000s. [2]
A moonshot is defined by X as the intersection of a big problem, a radical solution, and breakthrough technology. [10] Work at X is overseen by entrepreneur scientist Astro Teller, as CEO and "Captain of Moonshots". [11] [12] [13] The lab started with the development of Google's self-driving car. [13]