Connect with us

Hi, what are you looking for?

Financial Source ReportFinancial Source Report

Tech News

Nuro is branching out into robotaxis and personally owned autonomous vehicles

Nuro autonomous vehicles
Nuro wants to put its technology into a range of vehicle types. | Image: Nuro

Nuro, the delivery robot company created by veterans of Google’s self-driving car project, is taking the bold — and risky — step to expand its business model to include robotaxis and personally owned autonomous vehicles.

The California-based company, which currently operates a small fleet of delivery vehicles in California and Texas, doesn’t plan to build the vehicles itself. Instead, it will license its autonomous driving technology to outside companies, including car companies that want to use it for advanced driver-assist systems (ADAS) and rideshare operators for robotaxis.

Nuro uses hardware provided by major companies like Nvidia and Arm to power its Nuro Driver, the company’s branding for the hardware and software used to power…

Continue reading…

You May Also Like

Tech News

The PS5 Pro’s announcement yesterday wasn’t a surprise. What was a surprise was the price: at $699.99, it debuts as Sony’s most expensive console...

Editor's Pick

Chris Edwards Robert F. Kennedy Jr. writes in the Wall Street Journal that “Trump Can Make America Healthy Again.” I agree with Kennedy that...

Editor's Pick

In this exclusive StockCharts TV video, Joe discusses why he is a bottom-up technical analyst. He explains the difference between top-down and bottom-up analysis...

Editor's Pick

Colleen Hroncich While most children attend school in person Monday through Friday, recent EdChoice polling found that only half of parents would choose that...

Copyright © 2023 FinancialSourceReport.com All Rights Reserved.