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Haomo.AI, an autonomous driving technology start-up backed by Great Wall Motor, has raised 100 million yuan (US$13.9 million) in a new round of financing buoyed by Chinese drivers’ growing appetite for intelligent vehicles.
Igniting debate with driverless tech is ready for the real world. self-driving cars is the likes of google and general motors racing to develop the technology. >> that is a question. are we ready? wi we have to face that question soon. critical day for the parties trying to salvage the iran nuclear deal. groups coming together to work out a deal. we are live in vienna coming up. it sense every move and automatically adjusts on both sides to keep you effortlessly comfortable. and snoring.... does your bed do that? right now during our semi-annual sale save up to $700 on sleep number 360 smart...
Founder and ceo mark zuckerberg will testify before congress april 10. most experts say facebook is sure to face fines or some form of regulation or both. this specter of regulation means investors may no longer see tech as a safe investment but as a risky one. two other tech ceos have been invited to testify at the same hearing. google and twitter. the perception of risk pushing chip giant in video down. it's chips go to driverless tech. lastly, and uber driverless car killed a pedestrian in arizona. it is a step back for what the company believed was safe tech. the stock plunged more than 7%...
The company agreed to buy an israeli firm mobile eye for $15 billion. mobile eye makes software for gm and nissan and others. this puts them in competition with tesla for driverless tech. the stations could not be higher. that market will be worth $96 billion by 2025. >> taking people like you and me off the road. >> that is a good thing. stay home. stay inside. new york, connecticut, philly, boston, stay in. >> thanks for joining us. i'm christine romans. >> i'm dave briggs. "new day" starts now. all right. we want to welcome our viewers in the united states and around the world. this is "n...
Stability. >> this is based on the contract? >> absolutely. when you get top talent. >> people get angry. >> that's how it works. that's business. intel has entered the battle over tech for driverless cars. the company agreed to buy mobile eye for $15 billion. this puts the deal in competition with tesla for driverless tech. the stakes couldn't be higher. analysts predict the market will be worth $96 billion by 2025. driverless technology. >> it will wipe out life as we know it. 2 or 3 million people drive for a job. it will change the economy. "early start" continues right now on this sno...