Hyundai takes minority stake in self-driving car startup Aurora

Hyundai Motor Group has invested in Aurora, the latest sign that the scope of the year-old partnership between the automaker and self-driving car startup has expanded. Aurora and Hyundai didn’t disclose terms of the investment. However, picking part new details of its Series B funding round and speaking to sources within the industry, Hyundai’s investment […]

Four days left to save $100 on TC Sessions: Mobility 2019

On July 10, just one short month from now, more than 1,000 of the best and brightest minds in mobility will converge in San Jose, Calif. for TC Sessions: Mobility 2019. This day-long conference is dedicated to exploring the current state of mobile technology and building the future of moving people and things from point […]

Fiat Chrysler is the latest to partner with autonomous-tech specialist Aurora

Fiat Chrysler and Silicon Valley startup Aurora are joining forces to develop self-driving technology for commercial services, marking the latest in a string of similar collaborations between automakers and tech specialists.

Aurora’s head of product is coming to TC Sessions: Mobility

Self-driving car startup Aurora might be as buzzy as they come. The company raised more than $530 million just a few months ago in a round led by Sequoia Capital and with “significant investment” from Amazon and T. Rowe Price Associates. We’ve learned Aurora isn’t shy about using that capital with two acquisitions in the […]

Automakers have a choice: Become data companies or become irrelevant

Cars are here to stay, whether they have drivers or not. Automakers can ensure their seat at the table by implementing strategies better suited for the digital age.

Uber spent $457 million on self-driving and flying car R&D last year

Uber spent $457 million last year on research and development of autonomous vehicles, flying cars (known as eVTOLs) and other “technology programs” and will continue to invest heavily in the futuristic tech even though it expects to rely on human drivers for years to come, according to the company’s IPO prospectus filed Thursday. R&D costs […]