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Driverless car investments top $80 billion

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At least $80 billion has been funneled into driverless car technology over the past three years, according to a new report, underscoring how the pace of development has accelerated in recent years. The Brookings Institution published research on Monday that tallied all the investments and transactions associated with self-driving cars and technologies from August 2014 to June 2017. The researchers acknowledged that there were several limitations to their data collection, however, so "it is reasonable to presume that total global investment in autonomous vehicles is significantly more than this." While it's debatable when driverless cars will be available to the masses, Congress is already taking steps to create the first federal laws governing their testing and deployment. The House passed autonomous vehicle legislation earlier this month, while a similar bill is making its way through the Senate.