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After SpaceX, Cathie Wood Bets Big on Elon Musk's xAI
Thursday, May 8, 2025 - 3:11pm | 806Ark Invest CEO and Founder Cathie Wood is no stranger to loving companies that are founded and/or run by Elon Musk, with her early bets on Tesla, SpaceX and others. The Ark Venture Fund, which offers access to private companies, added to its stake in a Musk company during the first quarter. This is...
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Kodiak Robotics Releases Safety Report On Self-Driving Technology
Thursday, June 11, 2020 - 12:53pm | 794Self-driving truck company Kodiak Robotics has released a 49-page safety self-assessment report that aims both to demonstrate the startup's commitment to public safety and provide a detailed portrait of how the company programs and operates its autonomous vehicles. "We believe it's critical that...
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Another Autonomous Trucking Startup Announces Layoffs
Wednesday, April 22, 2020 - 7:22pm | 543It's been a tough seven days for autonomous trucking startups. Last week, Kodiak Robotics laid off more than a dozen employees. And now Ike, another startup aiming to automate long-haul trucking, has laid off 14% of its staff, the Information reported on Wednesday. Exactly how many employees were...