autonomous tech

California Governor Gavin Newsom‘s decision to veto a bill that sought to ban autonomous heavy-duty trucks from operating without safety drivers has raised questions about the state’s approach to regulating self-driving technology. What Happened: The labor-backed Assembly Bill 316,...

Cathie Wood-led Ark Investment Management bought over 55,000 shares of automatic test equipment designer Teradyne, Inc. (NASDAQ: TER) at a valuation of over $4.8 million, based on Monday’s closing price. The purchase was done via two of the firm’s exchange-...

Starsky Robotics tested its fully unmanned autonomous truck on a 9.4-mile stretch of public highway on the Florida Turnpike on June 16. The company had previously been testing its self-driving technology on private roads. "We are now the only autonomous company that's testing trucks without having...

Volocopter, the German autonomous air taxi company, is working with the Singapore authorities to introduce air taxis over the city state's skies, with pilot runs set to be underway this year. The Civil Aviation Authority of Singapore (CAAS) unveiled details at the Rotorcraft Asia trade show...

Commercially viable autonomous vehicle (AV) technology is proving more difficult to develop than many expected at earlier stages in the hype cycle. This week, media outlets reported that both Alphabet Inc (NASDAQ: GOOGL) and Uber are seeking outside capital to help fund the companies'...

Last December, Anthony Levandowski—the brilliant autonomous vehicle engineer who gained notoriety during Waymo's $2.6 billion lawsuit against Uber—announced that he was back. In a Medium post, Levandowski assailed the broken promises of the autonomous vehicle industry, arguing that...