Uber Technologies named longtime executive Andrew Macdonald its first chief operating officer since 2019, part of an executive shake-up that includes the departure of the company’s top delivery leader.
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Tesla Targets June 12 Rollout of Robotaxi Service in Austin
Tesla is poised to begin its long-awaited robotaxi service in Austin, Texas, on June 12, according to a person familiar with the matter.
May 28, 2025Toyota Becomes Top Shareholder in Air Taxi Maker Joby
Toyota has invested $250 million in Joby Aviation, completing the first half of a previously announced $500 million commitment and becoming the air taxi maker’s largest shareholder.
May 28, 2025Michigan County Board Opposes I-94 Self-Driving Corridor
Washtenaw County officials are opposed to proposed express lanes on about 39 miles of Interstate 94 between Ann Arbor and Detroit that one day could be dedicated to self-driving vehicles.
May 28, 2025Trump Team Resists Nvidia, Upholds AI Export Curbs to China
“When it comes to inside China … there is still bipartisan and broad concern about what can happen to these GPUs once they’re physically inside†the country, a White House adviser said.
May 21, 2025Autonomous Truck Startup Einride Considers US IPO
Einride is shaking up its top management as the Swedish driverless truck startup lays the groundwork for a possible initial public offering.
May 21, 2025Musk Expects ‘Hundreds of Thousands’ of Self-Driving Teslas
Elon Musk said that he expects hundreds of thousands of self-driving Teslas will be on the road requiring no human intervention by the end of next year.
May 21, 2025Uber Raises $1.2 Billion With Aurora-Linked Bond Deal
The rare structure — bonds that turn into equity in another company if the underlying stock exceeds a set price after a period — offered investors a compelling combination of attributes.
May 20, 2025China’s Pony AI Eyes Profitability With Robotaxi Growth
Pony AI’s report on its first full quarter as a publicly traded company will have investors homing in on how a new generation of robotaxis could put the firm on a path to profitability.
May 19, 2025How AI Could Help Streamline Logistics Operations
As artificial intelligence continues to advance, technology developers are beginning to introduce AI-powered virtual agents and assistants that could change how logistics work is done.
May 18, 2025