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Another autonomous vehicle startup shutters, Zoox expands driverless testing and investor fervor for AI escalates | TechCrunch

Mar 17, 2024 - techcrunch.com
TechCrunch Mobility, a weekly newsletter dedicated to transportation, reports on the future of transportation, with a focus on autonomous vehicles and their potential impact on cities. The newsletter highlights conversations from SXSW, including a discussion between Austin Mayor Kirk Watson and Uber CEO Dara Khosrowshahi about Uber's future plans. Waymo co-CEO Tekedra Mawakana announced that the company will begin offering a robotaxi service in Los Angeles and Austin.

The newsletter also covers the struggles of EV startup Fisker, which is reportedly considering bankruptcy and has lost a dealership. Other news includes a $250 million funding round for autonomous vehicle software company Applied Intuition, which raised its valuation to $6 billion. The newsletter also mentions various other deals, developments, and partnerships in the transportation sector.

Key takeaways:

  • TechCrunch Mobility is a weekly newsletter that covers news and insights on the future of transportation. The newsletter discusses topics such as autonomous vehicles, urban planning, and emerging technologies in the transportation sector.
  • Waymo co-CEO Tekedra Mawakana announced at SXSW that the company will begin offering a robotaxi service to the public in Los Angeles this week and in Austin by the end of the year.
  • EV startup Fisker is reportedly struggling, with one of its dealerships walking away from the startup and the company potentially considering a bankruptcy filing.
  • Autonomous vehicle software company Applied Intuition raised $250 million in a funding round that increased its valuation to $6 billion. The company plans to bring more artificial intelligence to the automotive, defense, construction, and agriculture sectors.
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