Intel subsidiary to divest $1.5bn worth stake in Mobileye Global
Upon the completion of the offering, Intel will own all the outstanding Class B common stock of Mobileye…
Autonomous Vehicles
Qualcomm to acquire Israel-based fabless semiconductor firm Autotalks
09 May 23Through the acquisition of Autotalks, Qualcomm Technologies is expected to expand its Snapdragon Digital Chassis product portfolio by…
Oxbotica, Google Cloud to drive adoption of autonomous driving solutions
29 Mar 23As a part of the partnership, Oxbotica intends to leverage Google Cloud products such as storage, compute, networking…
Ford launches automated driving technology firm Latitude AI
03 Mar 23Headquartered in Pittsburgh, Ford Motor's new automated driving technology subsidiary will have a team of about 550 former…
Outrider rakes in $73m in Series C for autonomous yard operations
20 Jan 23The funding round was led by FM Capital and also saw the participation of new investors including NVentures,…
Volvo Group invests in autonomous trucking technology firm Waabi
19 Jan 23Through the investment, Volvo Venture Capital expects to expedite the deployment of future transport solutions
Autonomous vehicle software firm Oxbotica raises $140m in Series C
11 Jan 23The proceeds from the funding round are expected to help the company deploy its operating system for Universal…
Ouster, Cyngn join forces for lidar-powered autonomy technology
03 Jan 23The partnership will see Ouster’s new REV7 digital lidar sensors integrated into Cyngn’s autonomous vehicle system, DriveMod, which…
Stellantis wraps up acquisition of autonomous driving software firm aiMotive
23 Dec 22As announced earlier, the autonomous driving software developer will maintain its operational independence and continue to sell its…
Magna to acquire Veoneer’s Active Safety unit SSW Partners for $1.5bn
21 Dec 22According to Magna International, the acquisition will expand its ADAS sensor and full systems capabilities, including camera, ADAS…