Almost a year after Argo AI closed its doors in Pittsburgh’s Strip District, the founders of that autonomous vehicle startup have embarked on a new venture focusing on self-driving trucks. Called Stack AV, the firm plans to use self-driving technology to improve efficiency and enhance safety in the trucking industry.
PITTSBURGH There’s a new contender in the autonomous trucking industry. Stack AV announced Sept. 7 that it is entering the ring. The startup, backed by
Unified Payments Interface (UPI), the real-time bank transfer mechanism, breached the 10 billion monthly transaction volume mark last month. And with the festive season not too far away, one can only expect it to grow more in the coming months. But what does this 10 billion really mean — and how did we get here?
Juneja, managing partner, India & EMEA (Europe, Middle East and Africa) at SoftBank Investment Advisers, most of the top technology companies in India are well capitalised and have cut costs over the past year, leading to their unwillingness to opt for a down round.