Intel purchased Mobileye for $15.3 billion in 2017, and then spun the company off as a publicly traded subsidiary in 2022. It still owns roughly 88% of the company. With today's gains, Mobileye's ...
Elon Musk had a lot to say about Tesla’s upcoming Robotaxi service on Wednesday. Tesla will be launching an unsupervised Full-Self Driving (FSD) service in Austin in June. What does that mean ...
The automaker is also testing a similar robotaxi service in California. In those rides, a human is behind the wheel and ready to intervene if the self-driving vehicle encounters issues.
General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months ...