The leaders of the New York-based company, focused on “making the best non-cars on Earth,” believe that the future of transportation in cities is about smaller, smarter, more beautiful vehicles like the P1 and Olto, and they have big plans to rethink how transportation is done in urban environments.
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A recent funding round of $5.6 billion led by Alphabet will reinforce the company’s AV efforts that have included opening Waymo One to all riders in Los Angeles, partnering with Hyundai, developing a sixth-generation Driver, and researching an end-to-end multimodal model for autonomous driving.
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Briefs: The company grows to a $6 billion valuation, securing $250 million in funding to advance vehicle software and AI capabilities to accelerate the adoption of safe and intelligent machines via an advanced driving assistance system and automated driving toolchain.
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The Los Angeles-based electric boat startup’s limited-edition Arc One hits the water with help from high-profile and celebrity investors, paving the way for future boats at more mass-market price points as the company’s manufacturing capabilities mature.
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The leading U.S. drone manufacturer and world leader in autonomous flight has followed up its S2 consumer model with the X2 for enterprise and public sector customers, winning awards in the process.
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