I recently covered Pony AI ( PONY ), which has developed autonomous vehicle (AV) technology at a far lower cost than Waymo. The economics of robotaxis are complex, given that the average US$12 fare needs to cover theExperience is difficult to learn. After 30 plus years of critically analyzing the nuts and bolts of businesses as diverse as airlines, oil, retail, mining to fintech and ecommerce plus the macro, monetary and political drivers. I continue to immensely enjoy learning and applying my experience to ...

At Atlantic City International Airport, this new technology is taking off. Researchers here just wrapped an 8-week trial testing the ability of robots to rein in costs and ramp up efficiency of key airport tasks. Backed by the FAA, the airport autonomy initiative is a project involving tech companies and academic institutions with support from the defense department.The results are looking excellent. David Hickeyi is the CEO of Coast Autonomous, the company spearheading the project. How will this change the ...

Dan, I guess the big question everybody wants to know is how much life is there in this rally. I think this is just starting in terms of this next stage of the revolution. And I think as we go into the software phase, you see on the consumer side, when it comes to AI, I believe this is still bottom of the first top of the second inning.And that's why in video, 4 trillion, ultimately 5 trillion, Microsoft, we think on the road to four and then 5 trillion. It's our view this tech bull market get the popcorn o ...

A chunk of Tesla’s trillion-dollar valuation is tied to building truly autonomous vehicles and monetizing the technology. The Austin rollout must deliver, @liamdenning says (via @opinion) https://t.co/skYxGkhw3f ...

Core Insights - Travis Kalanick, the founder of Uber, is exploring the acquisition of the U.S. arm of Chinese autonomous vehicle company Pony.ai, with potential financial backing from investors and possible assistance from Uber [1][2] - Pony.ai went public last year with a market cap of approximately $4.5 billion and has been preparing its U.S. operations for a sale or spinoff since 2022 [2] - Kalanick's potential acquisition would mark his return to the self-driving vehicle sector after being ousted from Uber in 2017, following a series of controversies including a fatal incident involving an Uber test vehicle [2][3] Company Developments - Under Kalanick's leadership, Uber was initially focused on developing its own autonomous vehicle technology, but after his departure, the company sold its self-driving division to Aurora and shifted to a partnership model with other companies like Waymo [3] - Kalanick has been involved in robotics through his ghost kitchen venture, CloudKitchens, and would continue to manage that business if he acquires Pony.ai [4] - Kalanick expressed that Uber was competitive in the autonomous vehicle space during his tenure, suggesting that the company could have benefited from an autonomous ride-sharing product [5]

Built differentmooroo 🐝 (@mooroobee):Today, “a car company” launched an autonomous vehicle ride-share service, using software, AI, and autonomous drive computer (chips) completely developed by… the “car company”.@Tesla is BUILT DIFFERENT https://t.co/oLHwXFN5PG ...

The money. Was it for Zach. Well, we really want to expand the service to more areas, so we're building the best autonomous vehicle for our urban environment.So we're operating in Los Angeles, Chicago, Miami, Helsinki, Finland. We have a lot more cities coming up soon. But, you know, we want to build the best vehicle to move goods around cities to make it much cheaper for our customers and for merchants.Okay. So it's all about U.S. markets. Is there an international focus as well here.Yes, In the US we've b ...

Planes, trains and autonomous vehiclesTesla Asia (@Tesla_Asia):What should the future of transportation look like🤔📸：YH https://t.co/r3YJp5qmnb ...

Waymo has applied for a permit to test its autonomous vehicles in New York City with a human driver behind the wheel.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.This is one step the company has taken in its pla ...

In western Louisiana, a Black Hawk helicopter ride away from the Fort Johnson military base, sits a vast complex of wilderness that the U.S. Army uses to train soldiers for combat. The expanse, what the Joint Readiness Training Center's calls the "Box," stretches 242,000 acres. It was there that the 1st Brigade of the 101st Airborne Division recently completed a two-week rotation and that the service's top military official, U.S. Army Chief of Staff Gen. Randy George, paid servicemembers a visit."We immerse ...