Months before a jury awarded a $242.5 million verdict against Tesla concerning a 2019 fatal crash, Tesla had the opportunity to settle for $60 million.…
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Tag: Transportation
Anduril and Blue Origin to Explore Cargo Transport from Orbit to Earth for the Pentagon
Blue Origin and Anduril have secured contracts with the U.S. Air Force to examine how their technologies, including rockets, could be used to transport military…
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Group14 Secures $463M from SK, Porsche, and Others to Develop Silicon Anodes for EVs
Battery materials startup Group14 announced it secured $463 million in funding to enhance its manufacturing capabilities, indicating strong investor confidence in electric vehicles. The company…
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Federal Government Invests $8 Million in Six Québec EV Battery and Charging Projects
The federal government is allocating $8 million to six electric vehicle (EV) battery and charging initiatives by Québec companies via Natural Resources Canada’s (NRCan) Energy…
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Waymo Unveils a Music Experience Befitting Its Robotaxi
I’m in a Waymo, traversing San Francisco’s bustling streets with ease, thanks to 29 cameras, six radar, and five lidar sensors feeding an AI model.…
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TDK Invests $21M in Ultraviolette to Expand India’s Electric Motorcycles Globally
Two months ago, Indian electric motorcycle startup Ultraviolette expanded into 10 European countries. Now, with $21 million raised in an equity round led by TDK…
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Security Flaws in Carmaker’s Web Portal Allow Hacker to Remotely Unlock Cars
A security researcher discovered vulnerabilities in a carmaker’s online dealership portal that could have exposed customer data and vehicle information, allowing hackers to potentially break…
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Tesla Shuts Down Dojo, Musk’s Key AI Supercomputer for Full Self-Driving
Tesla is disbanding the team behind its Dojo supercomputer, halting its in-house chip development for autonomous technology, as reported by Bloomberg. Dojo’s leader, Peter Bannon,…
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Flox Secures Almost $1M to Transform Human-Wildlife Coexistence
Deeptech wildlife intelligence company Flox has secured a Seed funding round of nearly $1 million. Originating from AI research at KTH in Stockholm, Flox seeks…
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Descartes Expands US Acquisitions Amid Global Trade Turmoil
Kitchener, Waterloo-based supply chain tech firm Descartes Systems Group has acquired California startup Finale Inventory amidst tariff-related challenges. According to a press release, Descartes may…
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