Tag: transportation
Cruise is buying solar energy from California farmers to power its electric, self-driving fleet
Cruise, the self-driving car company under General Motors, has launched a new initiative called Farm to Fleet that will allow the company to source solar power from farms in California’s Central Valley. The San Francisco Chronicle was the first to report the news that Cruise is directly purchasing renewable energy…
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Musk admits Full Self-Driving system ‘not great,’ blames a single stack for highway and city streets
It hasn’t even been a week since Tesla hosted its AI Day, a livestreamed event full of technical jargon meant to snare the choicest of AI and vision engineers to come work for Tesla and help the company achieve autonomous greatness, and already CEO Elon Musk is coming in with…
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Extra Crunch roundup: Zūm CEO interview, Cisco’s M&A ethos, neoinsurance bad romance
It was once common practice for doctors to visit sick patients in their homes: In 1930, 40% of all consultations were house calls. By 1980, that figure was less than 1%. Today, urgent care centers occupy Main Street storefronts and 33% of all medical expenditures occur in hospitals. It’s clear…
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Automotive startup Upstream raises $62M Series C to scale cloud-based security
Back in 2015, researchers Charlie Miller and Chris Valasek remotely hacked into a Jeep Cherokee driven by a Wired reporter, Andy Greenberg, in an attempt to warn the auto industry of potential pitfalls in their software and inspire legislation around automotive cybersecurity. It did that and more. Fiat Chrysler, which…
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Mobility startup Plentywaka picks up $1.2M seed, acquires Ghana’s Stabus
Lagos and Toronto-based mobility startup Plentywaka has raised a $1.2 million seed round to scale its operations on the back of leaving the Techstars Toronto accelerator program last month. Canadian-based VC firm The Xchange led the round, SOSV and Shock Ventures participated, while Techstars Toronto made a follow-on investment. Nigerian…
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The tough calculus of emissions and the future of EVs
Mark Mills Contributor Mark Mills is the author of the forthcoming book, “The Cloud Revolution: How the Convergence of New Technologies Will Unleash the Next Economic Boom and a Roaring 2020s.” He is a senior fellow at the Manhattan Institute, a Faculty Fellow at Northwestern University’s McCormick School of Engineering.…
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