Autonomous trucking startup Kodiak Robotics revealed Tuesday at CES 2024 a semi-truck that founder Don Burnette says is the linchpin in its plans to launch commercial driverless operations this year. This isn’t just any big rig. Packed inside thi…
Six years after starting tests for its autonomous-truck program, Waymo says it’s decided to focus more on ridesharing using its self-driving cars and minivans.
Aurora Innovation, the self-driving technology company that aims to launch an autonomous trucking business in 2024, has completed a capital raise of $820 million from a public and concurrent private offering of its stock. The company expects the deal to close Friday. The stock sale will help fund Aurora through commercial launch at the end…
Self-driving truck developer TuSimple may sell its U.S. business, the company said in a regulatory filing Wednesday. TuSimple, which is on the verge of being delisted from the Nasdaq stock exchange for failing to file two quarterly reports, said it is exploring strategic alternatives for its U.S. business, including a possible sale. The company also…
TuSimple, the once high-flying autonomous trucks company that went public in 2021, is restructuring and laying off about 30% of its U.S. workforce as it works to preserve cash and stay in business. The announcement early Thursday comes a week after the company disclosed that it received a delisting notice from the Nasdaq for failing to file…
Amid economic uncertainty, tight capital markets, wary investors and consolidation in the nascent autonomous vehicle industry, Aurora Innovation is still motoring on towards its target of commercializing self-driving trucks by 2024, ticking off waypoints and milestones along the way. It’s even managed to rack up a few wins in the past year, including launching or…
Autonomous trucking startup Kodiak Robotics is partnering with truckload carrier C.R. England to autonomously ship Tyson Foods products between Dallas and San Antonio, Texas. A human safety operator will be present in the one dedicated truck Kodiak is allocating to this pilot. Deliveries will begin this month, according to the company. The pilot program is…
Aurora Innovation said Monday it has hired Ossa Fisher as president as the autonomous vehicle company prepares to commercially launch its self-driving trucks business next year. The company said Fisher, who was most recently president and chief operating officer of education tech company Istation, will be based in Dallas. Aurora is headquartered in Pittsburgh and…
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