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Jun 04

Autonomous Vehicles – Weekly Highlights -June 4th, 2020

  • June 4, 2020
  • Technologies

Intellizence brings you the latest news and trends related to Autonomous Vehicles, driverless, self-driving space for the week ending May 28, 2020.

FUNDRAISING AND INVESTMENTS

Volkswagen Finalizes $2.6 Million Deal With Argo AI

Volkswagen AG has officially closed its USD2.6 Million investment deal in Argo AI, the Pittsburgh-based self-driving start-up. Ford Motor also acquired a majority stake of the start-up in 2017.

DiDi’s autonomous driving company complete $500 million worth of fundraising

China’s ride-hailing giant Didi Chuxing (DiDi) has closed a fundraising round of over $500 million for its autonomous driving subsidiary. The round was led by SoftBank Vision Fund 2.

NEW PRODUCT LAUNCH

Self-driving ‘Apple Car’ to combine LiDAR with other sensors for better decision-making

Apple is coming up with new ways to improve automated driving systems, including using other sensors to enhance LiDAR scans to better determine what’s on the road. 

PILOTS & TRIALS 

JTA, FSCJ partner on education, autonomous vehicle testing

The Jacksonville Transportation Authority and Florida State College at Jacksonville have agreed to expand JTA’s autonomous vehicle program with testing and educational initiatives on FSCJ campuses.

Mobileye’s Autonomous car take a 40-minute drive by itself using computer vision

Mobileye’s autonomous vehicle technology features a camera-only system and maneuvers through busy intersections, around multi-lane roundabouts, and in other tricky situations that would challenge even the most adept human drivers.

Nuro will test autonomous prescription delivery for CVS

Nuro by teaming up with CVS will use its fleet of autonomous vehicles to deliver meds to the curbs of customers who place orders via CVS.com or the CVS pharmacy app.

INNOVATION AND EXPERIMENTS

Darlington subsea company using an autonomous vehicle to speed up survey of the offshore wind farm

Darlington-based Modus Seabed Intervention, a North-East subsea contractor is using an autonomous underwater vehicle to reduce how much time it takes to survey a challenging off-sea wind farm while reducing its carbon footprint.

Self-driving robot fights COVID-19 spread

A self-driving robot equipped with cameras and an LED screen greets visitors at the lobby in the headquarters of South Korea’s largest mobile operator, checking their temperature, dispensing hand sanitizer and disinfecting the floor.

Please follow our LinkedIn and Twitter to get regular updates.

Intellizence is an award-winning AI-powered business signal intelligence platform, that helps you to discover sales and risk signals in target companies as well as stay informed about emerging industry trends and regulatory changes.

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