Upgraded testing may be key to advancing self-driving evolution

FreightWaves' Tony Mulvey and Waabi founder Raquel Urtasun at FreightWaves’ second Autonomous and Electric Vehicles Summit

This fireside chat recap is from FreightWaves’ second Autonomous and Electric Vehicles Summit, which took place Wednesday.

FIRESIDE CHAT TOPIC: Using AI to improve testing for self-driving

DETAILS: A discussion on how AI and simulation provide safer options to traditional testing.

SPEAKER: Raquel Urtasun, founder and CEO at Waabi, a company that is building a trainable self-driving system using AI.

BIO: Urtasun has 20 years of experience in AI, with the past decade spent building self-driving...

https://www.freightwaves.com/news/upgraded-testing-may-be-key-to-advancing-self-driving-evolution

Legislators, industry leaders agree collaboration key to driverless vehicle adoption

Congressional representatives Darrell Issa and Yvette D. Clarke speak with executives from Aurora, Reef Technology and Argo AI about the adoption of driverless vehicles

It’s no secret that self-driving vehicles are a thing. From trucks to passenger vehicles to middle-mile delivery vans, companies across the transportation industry are doing everything they can to get drivers out of vehicles.

But they can only do so much. Currently, there exists no overarching federal legislation for the regulation of driverless vehicles, with the only framework in place being a patchwork of state-by-state regulations and statutory requirements. That has severely limited their...

https://www.freightwaves.com/news/legislators-industry-leaders-agree-collaboration-key-to-driverless-vehicle-adoption

Lyft’s losses shrink as riders begin returning

Lyft (NASDAQ: LYFT) posted year-over-year declines in Q1 2021 revenues and riders, but an improving trend that started in the second half of last year is continuing.

The company reported revenues grew 7% quarter-over-quarter to $609 million versus $955.7 million in Q1 2020. Net loss was $427.3 million versus a $398.1 million loss in the same period of 2020. Q1 2021’s loss included $180.7 million in stock-based compensation and related payroll tax expenses and $128 million related to changes to...

https://s29755.pcdn.co/news/lyfts-losses-shrink-as-riders-begin-returning

Chipotle invests in self-driving startup Nuro as it prepares for delivery’s future

Chipotle invest in self-driving vehicle startup Nuro

Restaurant chain Chipotle Mexican Grill (NYSE: CMG) announced it participated in a funding round for self-driving vehicle startup firm Nuro. The investment was made in November 2020, but Chipotle’s participation was just revealed by the company.

“We are always seeking opportunities that provide innovative solutions for increasing access and convenience for our guests,” said Curt Garner, Chipotle’s chief technology officer. “Nuro could change the traditional delivery model and we believe...

https://www.freightwaves.com/news/chipotle-invests-in-self-driving-startup-nuro-as-it-prepares-for-deliverys-future

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