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Pony.ai, founded by two former Baidu executives, was valued at US$1.7bil in its latest funding round in April.
Renault and Nissan said June 20 they had teamed up with Waymo, the autonomous vehicle unit of Google-parent company Alphabet, to explore the development of driverless mobility services in their home markets.
Uber Technologies Inc’s strategy for Japan, where ride-sharing is banned, is as unique as the country itself – think grandma in running shoes delivering ramen noodles.
Far from the sunny, wide streets of Phoenix, where Waymo's self-driving taxis ply their trade, a handful of European startups are developing driverless cars to navigate the clogged, chaotic, rain-swept roads of European cities.
An expanded alliance between Ford Motor Co and Volkswagen AG that includes a partnership in Ford self-driving unit Argo AI could redraw the balance of power in autonomous vehicles.
Brian O’Kelley built AppNexus Inc to help companies advertise anywhere on the Internet. Its software plugged into virtually every digital ad-trading hub, including those from Google, the biggest ad seller, and Google’s YouTube video service. By 2014, AppNexus was valued at US$1.2bil (RM4.93bil).
Visa Inc said on July 17 it has invested in Indonesia's Go-Jek as part of the ride-hailing company's ongoing Series F fundraising round.
Russia’s Sberbank and Internet firm Mail.ru said on July 25 they had signed a letter of intent to launch a joint platform in taxi services and food to create a “last mile” delivery player.
(Reuters) - National Football League quarterback Tom Brady and his supermodel wife, Gisele Bundchen, will each take an undisclosed equity stake in U.S. crypto exchange platform FTX Trading Ltd, the company said on Tuesday.