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Redwood attracts Google for its $425M Series E as AI power needs rise

Google is the latest investor to back Redwood Materials as the battery recycling startup scales a new energy storage venture to power AI data centers and other industrial sites.

Robot Trucker Waabi Wades Into Robotaxi Battle With Billion Dollar Raise

CEO Raquel Urtasan says the funds, including $250 million from Uber, will help get 25,000 robotaxis on Uber’s platform and launch trucking operations with Volvo.

Self-driving truck startup Waabi is teaming up with Uber on robotaxis
Self-driving truck startup Waabi is teaming up with Uber on robotaxis

Waabi, the Toronto-based autonomous trucking startup, is expanding its portfolio to include robotaxis. And it’s bringing Uber along for the ride. Raquel Urtasun, the former chief scientist at Uber’s now defunct Advanced Technologies Group, founded Waabi in 2021 to be a more “AI-centric approach” to autonomous vehicles. That approach initially focused on trucking, with Waabi […]

Waabi raises $1B and expands into robotaxis with Uber

Waabi has secured a $750 million Series C round to accelerate autonomous trucking, and another roughly $250 million commitment from Uber to deploy 25,000 robotaxis exclusively on its platform.

The price gap between Waymo and Uber is narrowing

Data collected and analyzed by Obi suggest a shift is underway.

Tesla’s robotaxis are cheaper than Waymo, but the wait times are longer
Tesla’s robotaxis are cheaper than Waymo, but the wait times are longer

Tesla’s robotaxis are not robotaxis in the sense that they’re not fully driverless and still feature safety monitors with access to a kill switch in case anything goes wrong. But the automaker is shaking things up with its approach to pricing, according to a new analysis of the nascent market. Obi, an app that aggregates […]

Luminar receives a larger $33 million bid for its lidar business

A new leading bidder has appeared in the Luminar bankruptcy case: Redmond, Washington-based MicroVision, which beat out Quantum Computing Inc.’s bid by $5 million.

Uber launches an ‘AV Labs’ division to gather driving data for robotaxi partners

Uber is not developing its own robotaxis again; instead it plans to collect and offer data. It’s a bet that more volume will help autonomous vehicle partners solve the weirdest edge cases.