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Foretellix states that it is enabling the Digital Transformation of safety-critical automotive verification.

/PRNewswire/ -- Foretellix, the leading provider of safety-driven verification and validation solutions for Automated Driving Systems and Advanced Driver...

To be clear: Most investors want to say “yes.” No one becomes a venture capitalist just so they can stomp on someone’s dreams.

Nuro Insider asked three self-driving startup Nuro investors why they took a stake in the startup. They said Nuro was smart to focus only on autonomous deliveries. Nuro, they said, has also made rapid progress on its technology and business plan. With a growing war chest and an enviable collection of blue-chip partners, Nuro is one of the hottest startups in the autonomous-vehicle industry.  Founded by two early members of Google's autonomous-vehicle project (which has since spun out as Waymo), the startup is developing self-driving delivery vehicles. Nuro aims ...

Wednesday, April 28, 2021 1:00 am Toyota acquires Lyft's self-driving division YURI KAGEYAMA | Associated Press TOKYO – Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for $550 million, in a move that highlights the Japanese automaker's ambitions in that tech. The acquisition, announced Tuesday, was carried out by Woven Planet Holdings, a Toyota subsidiary that began business in January and focuses on innovations and investment in projects such as “smart cities,” robotics and automated driving. Of the payment, $200 million will be paid up ...