Quick Glance: Amazon's Zoox Robotaxis to Drive Faster, Farther, at Night in Las Vegas
- Amazon's Zoox, a self-driving vehicle brand owned by Amazon, is planning to expand test drives in California and Nevada by including a larger area, higher speeds, and nighttime driving.
- Zoox will increase the speed of its specially designed vehicles to up to 72 km/h and expand the area in Las Vegas where the vehicles can travel to five miles.
- The company plans to allow the robotaxis to drive in light rain and at night to gather additional data and aims long-term to replace human drivers with fully autonomous vehicles.
- Amazon acquired Zoox in 2020 for over $1 billion, leading to speculation that the vehicles could potentially be used as delivery vehicles to save costs on drivers.
Quick Glance: Angry Crowd Sets Waymo Vehicle Ablaze in San Francisco
- Vehicle set on fire and vandalized with a firework.
- Assault and arson on Waymo self-driving car.
- Investigation into fire cause by San Francisco Police.
- Continuation of Waymo's operations during festivities scheduled.
Quick Glance: GM's Cruise Cuts 900+ Jobs After Recall of Robotaxis
- General Motors' Cruise autonomous vehicle unit is cutting over 900 jobs to reduce costs and revamp after a serious accident in San Francisco and subsequent regulatory scrutiny.
- Last month, the company recalled all its robotaxis tested on California roads, with regulators accusing Cruise of concealing the incident's severity.
- The job cuts come after Cruise confirmed that nine key leaders are no longer with the company amid an ongoing investigation into an October crash involving a driverless robotaxi.
- Long-term employees will receive two weeks of extra pay for each year at the company over three years.
Quick Glance: Blue Origin replaces CEO Bob Smith with Amazon executive Dave Limp
- Limp joins Blue Origin during a crucial phase of the company's projects.
- Blue Origin recently secured a $3.4 billion NASA contract to develop a lunar lander.
- Bob Smith will step down on January 2, and Dave Limp will take over as CEO.
Quick Glance: Zoox expands staff for advanced testing in Vegas
- Zoox has increased its staff by about 16%, while other companies exit the autonomous driving sector.
- Zoox now employs approximately 2,200 people, up from 1,900 at the beginning of the year.
- Zoox is testing its autonomous vehicles in Vegas for handling traffic lights, intersections, and speeds of up to 35 miles per hour.
- Approval from the Nevada Department of Motor Vehicles allows Zoox to test drive its robotaxis on public roads.
Quick Glance: Analyst warns Tesla’s stock is overvalued, could drop another 80%
- Tesla has lowered the prices of some of its most popular models six times this year to boost demand amid increasing competition in the EV market. However, analysts suggest that this tactic could impact margins.
- The booming EV market has enabled Tesla to rapidly increase its vehicle deliveries in recent years, and many analysts believe that this trend will continue.
- According to Trainer, the main issue for investors could be the overvaluation of Tesla's stock.
- Trainer proposed a reverse discounted cash flow (DCF) model to determine Tesla's value. He found that for Tesla to be valued at $200 per share, it would have to sell as many as 30 million EVs by 2031. Trainer and his research team found that the stock is still 'significantly overvalued' even in the most optimistic scenarios.
#ForbesAI50 showcases startups developing the most promising business applications of artificial intelligence.
Forbes received a record 796 submissions for ... Show more https://trib.al/PgXhd79
Quick Glance: Elon Musk establishes the artificial intelligence business X.AI in Nevada.
- Meanwhile, since his US$44 billion (S$58.5 billion) takeover of Twitter late last year, Mr Musk has reduced staff as part of dramatic cost-cutting measures.
- Google, Meta, and Microsoft have spent years developing AI systems - formerly known as machine learning or big data - to aid in translations, search, and targeted advertising.
- Mr Musk was a co-founder of OpenAI but left the business in 2018.
- Since then, Microsoft has declared that it is spending billions of dollars in OpenAI and has implemented the technology in its Bing Internet search service. AFP
#ForbesAI50 showcases startups developing the most promising business applications of artificial intelligence.
Forbes received a record 796 submissions for ... Show more https://trib.al/UhMKzZP
Quick Glance: For the first time, Amazon-owned Zoox's self-driving car shuttles people on public roads. Watch
- Zoox, Amazon.com Inc's self-driving vehicle unit, announced that it successfully transported passengers on public roads in its fully autonomous vehicle for the first time.
- The robotaxi was designed from the ground up to be a fully autonomous vehicle, rather than retrofitting existing vehicles for self-driving. It lacks a steering wheel and pedals and seats four passengers, two of whom face each other.
- Zoox unveiled its robotaxi at the end of 2020 and has been testing it at its own facility since then.
- Zoox, according to the company, is designed for city streets, but that doesn't mean it can't go fast.
Amazon's self-driving Taxis built by Zoox have hit the roads in California's Bay Area, driving employees from office to office ... Show more
Amazon's self-driving Taxis built by Zoox have hit the roads in California's Bay Area, driving employees from office to office ... Show more
Quick Charge Podcast 2.14.23
• Tesla NY to Unionize
• Tesla Shows Berlin Robots
• Ford Cuts in EU
• Zoox Autonomy in CA
Full Episode ... Show more https://electrek.co/2023/02/14/quick-charge-podcast-february-14-2023/
WATCH: Amazon-owned Zoox's robotaxi without steering wheel rolls in California's streets for the first time
READ FULL STORY: https://www.wionews.com/trending/amazons-robotaxi-without-steering-wheel-rolls-in-californias-streets-for-the-first-time-561753