The Delaware Chancery Court ruled that TuSimple co-founder and former CEO Xiaodi Hou’s challenge to board selections and governance changes had enough merit to win the court’s time.
December 19, 2024Search
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Aurora Opens Lidar Testing Facility in Montana
Located on Montana State University’s Innovation Campus, the office is designed to support development and testing of Aurora’s FirstLight Lidar technology.
December 13, 2024Automated Steering Shows Progress
What is the outlook for automated steering in big trucks?
December 13, 2024Ex-TuSimple CEO Hou Seeks to Liquidate Company’s Assets
TuSimple co-founder and former CEO Xiaodi Hou, who claims to be the company’s largest shareholder, is also seeking judicial aid in an increasingly bitter spat with former colleague Mo Chen.
December 2, 2024Pony AI Raises $413M, Shares Surge in Nasdaq Debut
With Pony’s offering, Chinese companies have raised $1.2 billion via U.S. IPOs this year, nearly double the amount in the same period in 2023 but below the heights seen during the pandemic.
November 27, 2024NHTSA Warned Tesla Months Before Self-Driving Probe
In a May 15 email sent to Tesla representatives, an NHTSA official flagged seven social media posts that gave the agency pause.
November 8, 2024Trump-Musk Alliance May Boost Tesla, Reshape Big Tech
Silicon Valley is bracing for a different relationship with the U.S. government as Donald Trump prepares to return to the White House.
November 6, 2024US Taps California for CHIPS for America R&D Facility
Sunnyvale, Calif., will host both a research and development semiconductor facility and serve as joint headquarters for Natcast and the National Semiconductor Technology Center.
November 4, 2024Waymo Valued Over $45B After Latest Funding Round
The business said late last week that it had raised $5.6 billion in new capital at an undisclosed value. The financing was led by Alphabet, which also owns Google.
October 31, 2024Torc Validates Fully Driverless Truck on Test Track
Since May, the independent subsidiary of Daimler Truck has been conducting fully driverless truck tests on a multi-lane test track in Texas, the company revealed Oct. 29.
October 29, 2024