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Why Microsoft's self-driving car strategy will work

#artificialintelligence

Self-driving car startup Cruise has received more than $2 billion in a new round of investment from Microsoft, General Motors, Honda, and institutional investors, according to a joint statement by Cruise, its owner GM, and Microsoft on Tuesday. The investment will bring the valuation of Cruise to $30 billion and make Microsoft an official partner. Per Tuesday's announcement: "To unlock the potential of cloud computing for self-driving vehicles, Cruise will leverage Azure, Microsoft's cloud and edge computing platform, to commercialize its unique autonomous vehicle solutions at scale. Microsoft, as Cruise's preferred cloud provider, will also tap into Cruise's deep industry expertise [emphasis mine] to enhance its customer-driven product innovation and serve transportation companies across the globe [emphasis mine] through continued investment in Azure." So, Cruise will get the much-needed funds to conduct research and (possibly discounted) access to Microsoft's cloud computing resources and move closer toward its goal of launching a purpose-built self-driving car.


Tesla crash raises stakes for self-driving vehicle startups

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DETROIT/SAN FRANCISCO, July 12 (Reuters) - Concerns raised by the first reported fatality in a semi-automated car were expected to speed adoption of more sensitive technology to help vehicles see and drive themselves safely, increasing demand on the emerging autonomous vehicle technology industry, investors and analysts said. Goldman Sachs forecasts the market for advanced driver assistance systems and autonomous vehicles will grow from about 3 billion last year to 96 billion in 2025 and 290 billion in 2035. More than half of that revenue in 20 years, Goldman estimates, will come from radar, cameras and lidar, a sensor that uses laser - all tools considered essential to building vehicles that can pilot themselves. The May 7 death of Ohio technology company owner Joshua Brown in a Tesla Motors Inc Model S while the car's semi-automated Autopilot system was engaged highlighted the limitations of current automated driving systems. Tesla's Autopilot system uses cameras and radar, but not lidar.


Tesla crash raises stakes for self-driving vehicle startups

#artificialintelligence

DETROIT/SAN FRANCISCO (Reuters) - Concerns raised by the first reported fatality in a semi-automated car were expected to speed adoption of more sensitive technology to help vehicles see and drive themselves safely, increasing demand on the emerging autonomous vehicle technology industry, investors and analysts said. Goldman Sachs forecasts the market for advanced driver assistance systems and autonomous vehicles will grow from about 3 billion last year to 96 billion in 2025 and 290 billion in 2035. More than half of that revenue in 20 years, Goldman estimates, will come from radar, cameras and lidar, a sensor that uses laser – all tools considered essential to building vehicles that can pilot themselves. The May 7 death of Ohio technology company owner Joshua Brown in a Tesla Motors Inc Model S while the car's semi-automated Autopilot system was engaged highlighted the limitations of current automated driving systems. Tesla's Autopilot system uses cameras and radar, but not lidar.


Nuro's self-driving vehicle is a grocery-getter and errand-runner

#artificialintelligence

Not every self-driving car has to be able to move passengers from point A to point B. Take, for example, Nuro: The startup just revealed their unique autonomous vehicle platform, which is more of a mobile small logistics platform than a self-driving car. The company, which has been working away in stealth mode in Mountain View until now, has raised a $92 million Series A round led by Banyan Capital and Greylock Partners to help make its unique vision of autonomous transport take shape. Nuro's vehicle is a small, narrow box on wheels, which is about half the width of a regular car, and which is designed to be a lightweight way to get goods from a local business to a customer, or from one person to another within a neighborhood or city. The platform is just one example of what Nuro wants to do, however; the startup bills itself as a product company focused on bringing "the benefits of robotics" to everyday use and ordinary people. Nuro's AV also operates completely autonomously, and looks like something you'd see on a Moon base in a retro-futuristic sci-fi show.


Start-up tests the first self-driving trucks

USATODAY - Tech Top Stories

Numerous companies like Uber, Tesla and Google are working on self-driving cars. But garnering less attention, entrepreneurs are quietly making progress on self-driving trucks. A link has been sent to your friend's email address. Numerous companies like Uber, Tesla and Google are working on self-driving cars. But garnering less attention, entrepreneurs are quietly making progress on self-driving trucks.