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Mercedes jumps into the ChatGPT fray and Toyota plays catch-up

Finally, I wanted to share an interesting market analysis piece by reporter Haje Van Kamps about an EV trend in the United States to go big. Stellantis has invested about one-third of its 300 million euro ($324M) fund into 10 startups (plus an unnamed mobility fund) since 2022 when its corporate venture arm launched.
City Of United Kingdom United States White Fox New Brunswick Saudi Arabia
Source: yahoo.com

Fernride nudges yard trucks toward full autonomy with $31M in new funds

Fernride has figured out a way to launch a commercially viable autonomous, electric truck business today. Most AV trucking companies are going after the moonshot: Using self-driving freight trucks — typically 18-wheelers — to haul goods over long distances. Startups like Waymo, TuSimple, Kodiak Robotics and Aurora have all had commercial pilot projects and are actively testing on public highways in Texas, Arizona and other southern states.
United States Hendrik Kramer Vw Group Logistics Kodiak Robotics Promus Ventures Fly Ventures
Source: yahoo.com

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Thynk Raises $13 Million of Series A Funding to Drive Innovation in Verticalized CRM for the Hospitality Industry

Thynk, a global provider of advanced technology solutions for data-driven hotel sales and operations management, today announced details on its latest successful round of investment, resulting in $13 million received in Series A funding. The injection of capital combined with Thynkโ€™s impressive revenue growth will further fuel the companyโ€™s accelerated R&D efforts as well as its ongoing global expansion, with teams and customers already present in European, American and Middle East hospi...
United States New York Nils Scheers Itai Tsiddon Raffi Kamber Pascal Petit

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