From Robo-Taxis to Pharma: Hedge Funds’ Global Growth Strategies
Cathie Wood sticks with Tesla, sees stock at $2,600 in 5 yearsWood said in an interview with Bloomberg TV that Tesla's robo taxis will account for 90% of its value over that time. Tesla has initiatives...
'Jetsons law' introduces flying cars as vehicles, what is it all about?A new 'Jetsons Law' has introduced flying cars to be classified into the road law, starting from August 1. Now, drivers will be able to tak...
GM’s Cruise to resume testing its robotaxi service in PhoenixCruise autonomous driving business, under GM, plans to test robotaxis in Phoenix to resume services. Challenges include trust rebuilding po...
GM's Cruise robo-taxi CEO Kyle Vogt resigns from companyThe CEO of General Motors' robot-taxi unit Cruise, Kyle Vogt, has resigned from the company a day after apologizing to staff as the company...
Tesla got an $80 billion boost from analyst call. Not everyone buys itMeanwhile, Tesla is still working on developing a software that will make its cars truly self-driving, though experts and analysts see a br...
Tesla shares jump on prediction supercomputer unit could add $600 billion to market valueTesla, already the world's most valuable automaker, started production of the supercomputer to train artificial intelligence (AI) models fo...
Self-driving car companies zoom ahead, leaving U.S. regulators behindCruise, Tesla, Alphabet Inc's Waymo and Aurora Innovation Inc are among many companies aiming to deploy fully autonomous vehicle technology...
China self-driving firm DeepRoute raises $300 million from Alibaba, othersDeepRoute.ai, which is testing vehicles in the Chinese cities of Shenzhen and Wuhan, will use the funds to double the fleet of its test rob...
Volkswagen explores flying cars in ChinaIn an interview with Volkswagen CEO Herbert Diess on Linkedin, the carmaker's China head Stephan Woellenstein said the company wanted to de...
Didi Chuxing close to raising $1.5 billion for trucking unitA $1.5 billion funding round will push Didi Chuxing beyond its fundraising target for Didi Freight, even as investors count on Chinese econ...
'Robo-taxi' is here! Amazon's Zoox unveils autonomous electric vehicle, has top speed of 75 mphThe carriage-style interior of the vehicle produced by Zoox Inc. has two benches that face each other.
Why self-driving car is still some distance awayThe boundless optimism that surrounded driverless cars only a few years ago has been tempered by a slew of challenges.
The wait for the self-driving future is coming to an endThe earliest real-world applications of autonomous vehicles will arrive in 2018.
Olympics also a test of robot prowess?Till robots can compete in their own Olympics, they are on Games duty.
Google plans to turn self-driving cars into robo taxi serviceThe self-driving vehicles would pick up and drop off passengers without human intervention, and would presumably be paired with a mobile ap...
Google to create driverless taxis to carry passengersSuch a system could transform transport systems around the world, doing away with the need for most people to buy cars, company executives ...