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Original Source: http://on.wsj.com/1sZ95fJ Recent investment implies a $1 billion-plus valuation for the secretive startup By MIKE RAMSEY – michael.ramsey@wsj.com May 27, 2016 The backer of a Silicon Valley autonomous car developer called Zoox said the secretive startup raised a fresh round of capital valuing it at more than $1 billion, roughly equal to a similar company GeneralRead more

Original Source: http://bit.ly/1WQ1zzo NuTonomy Raises $16 Million in Funding for Self-Driving Taxi Pilot May 24, 2016 Jennifer van der Kleut NuTonomy, a self-driving car startup that is backed by Ford Motor Co., announced today it has raised $16 million in funding, which it says will help them achieve their goal of having autonomous taxis on theRead more

Original Source: http://fxn.ws/25d4zv4 By Gary Gastelu Published May 11, 2016 FoxNews.com  (Nikola Motor Company) Tesla is getting into trucking. At least his first name is. The Nikola Motor Company, a Utah-based startup, has unveiled a compressed natural gas-electric hybrid semi aimed at disrupting the long-haul trucking industry the way the Tesla Model S did the carRead more

Original Source: http://bit.ly/1sbVIb3 The drone revolution is disrupting industries ranging from agriculture to filmmaking. According to a new study by PwC on the commercial applications of drone technology, the emerging global market for business services using drones is valued at over $127 bn. With drones poised to have an impact on business operations of companies inRead more

Original Source: http://bit.ly/1omzm4e Fred Lambert – 2 weeks ago @FredericLambert   CARS TESLA Last year, famous Silicon Valley venture capitalist and early Tesla investor Steve Juvertson recalled a conversation he had with Uber CEO Travis Kalanick: Travis recently told me that in 2020, if Telsas are autonomous, he’d want to buy all of them. He said all 500,000 of estimated 2020Read more

Original Source: http://cnn.it/1okJTgo By Sarah Cruddas, for CNN Updated 4:12 AM ET, Fri March 6, 2015 Two companies are racing to take passengers to near space using helium balloons. Pictured, a rendering of a World View balloon. Hide Caption Tomorrow Transformed explores innovative approaches and opportunities available in business and society through technology. (CNN)Instead of rocket-poweredRead more

Original Source: http://apne.ws/1Mw6NwI In this Friday, March 25, 2016, photo provided by Flirtey, an independent drone delivery company,… Read more RENO, Nev. (AP) — A drone has successfully delivered a package to a residential location in a small Nevada town in what its maker and the governor of the state said Friday was the firstRead more

Original Source: http://on.wsj.com/1nWpIoH Move is part of Chinese tech giant’s effort to develop a commercially viable driverless vehicle by 2018 http://on.wsj.com/1R52LIc Chinese search giant Baidu will soon start testing autonomous vehicles in the U.S., according to the company’s chief scientist, who called on governments to make small infrastructure changes to accommodate robot cars. Photo: Baidu ByRead more

Original Source: http://bit.ly/1RVDeUq The competition to capture big industrial customers is heating up By Ben Popper on March 7, 2016 12:47 pm The drone business is booming, and companies which manufacture these aerial robots are increasingly trying to produce units that can straddle the divide between the consumer and enterprise market. 3D Robotics, one of the biggest USRead more

Original Source: http://for.tn/1U6XTb9 by Dan Primack , Kirsten Korosec    @danprimack MARCH 11, 2016, 9:36 AM EST Automaker spends big to help cars drive themselves. General Motors GM 1.27% this morning announced that it will acquire Cruise Automation, a San Francisco-based developer of autonomous vehicle technology. No financial terms were disclosed, but Fortune has learned from a sourceRead more