If new rules enable cars without human controls, that would directly benefit Elon Musk
Two investors, including Chinese carmaker BAIC, have indicated on buying shares worth $74.9 million in the IPO
The lawsuit adds to growing scrutiny of Tesla's driver assistant systems Autopilot and Full Self-Driving
Tesla's efforts underscore the speed of the electric vehicle maker's pivot to bet on a breakthrough in AI at a time when EV demand has slowed and its competition has deepened
Musk declared in April that Tesla is going balls to the wall for autonomy while committing the car maker to a next-generation, self-driving vehicle concept called the robotaxi
The latest funding brings Wayve's total funds raised to just over $1.3 billion and marks the largest investment yet in a British startup focused on artificial-intelligence technology
The investigation will evaluate the system's performance on the dynamic driving task and driver monitoring, the NHTSA said
The U.S. electric vehicle maker rolled out Full Self-Driving, or FSD, the most autonomous version of its Autopilot software, four years ago but has yet to make it available in China
Minus Zero, founded in 2021, is backed by technology venture capital fund Chiratae Ventures among other investors
The IIHS, a safety research arm of the insurance industry, also said there is no evidence that Autopilot or other assisted-driving systems have real-world safety benefits, based on crash data.
Here is the best of Business Standard's opinion pieces for today
Autonomous vehicles are not just the future but a present reality
Self-driving cars could be on British roads as early as 2026, according to UK Transport Secretary Mark Harper. In an interview with the BBC on Wednesday, the minister said he expected to see the owners of such vehicles being able to travel without having to watch where they're going by the end of that year. It came against the backdrop of the UK's Automated Vehicles Bill, which lays out a set of laws for using autonomous vehicles and was introduced in Parliament last month. The government hopes it will pass through both Houses by the end of 2024. "I think that's when companies are expecting in 2026, during that year that we'll start seeing this technology rolled out," Harper told the BBC. The transport minister said it was clear the self-driving technology works from a roll-out in California, where cars "without a safety driver, so in full, autonomous mode" are already on the roads. "This technology exists, it works and what we're doing is putting in place the proper legislation
Kyle Vogt has resigned as CEO of Cruise, General Motors' autonomous vehicle unit, as questions build about the safety of self-driving cars. Vogt's decision to step down, announced late on Sunday, follows a recent recall of all 950 Cruise vehicles to update software after one of them dragged a pedestrian to the side of a San Francisco street in early October. The California Department of Motor Vehicles revoked the license for Cruise. The company earlier announced it had paused operations for a review by independent experts. The results of our ongoing reviews will inform additional next steps as we work to build a better Cruise centred around safety, transparency and trust, the company said in a statement. We will continue to advance AV technology in service of our mission to make transportation safer, cleaner and more accessible. Cruise won approval to transport fare-paying passengers last year. Since then, the autonomous vehicles have drawn complaints for making unexpected, ...
"I hesitate to say this but I think we'll do it this year," said Tesla CEO Musk, speaking on a conference call
The recall covers 2016-2023 Model S and Model X vehicles, 2017-2023 Model 3, and 2020-2023 Model Y vehicles equipped with FSD Beta software or pending installation
The company said the robotaxi trip marks the first time that a vehicle designed without human controls has carried passengers on a public road
A California man claims the electric-car maker has "deceptively and misleadingly marketed" its driver-assistance systems
In a tweet, Karpathy said he has no concrete plans for what's next but looks to spend more time revisiting his long-term passions around technical work in AI, open source and education
Of the 392 such crashes reported by a dozen automakers since July, six deaths were reported and five serious injuries