Tag Archives: SelfDriving

Russian technology giant Yandex has purchased Uber’s stake in several of the joint ventures it owns together, including its food and grocery delivery services. Yandex is one of Russia’s biggest technology companies Russian search engine and ridehailing company Yandex has announced that it will buy out Uber in some of the joint ventures the two giants share, including its food and grocery delivery services, in a $1 billion deal.     The agreement will see Yandex purchase Uber’s… Source link

Russian internet and ride-hail giant Yandex has acquired Uber’s stake in its Self-Driving Group (SDG), as well as Uber’s indirect interest in Yandex.Eats, Yandex.Lavka and Yandex.Delivery. The total cost of the deal came to $1 billion, giving the Russian company 100% ownership over all four businesses. Yandex SDG is an autonomous technology spinout from MLU B.V., the ride-hailing and food delivery joint venture Yandex formed with Uber in 2018 by merging… Source link

Image credit: Yandex Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, announces that it has entered into a binding agreement with Uber to restructure the ownership of their joint ventures, MLU B.V. (“MLU”) and Yandex Self-Driving B.V. (“SDG”). Under this agreement, for total consideration of $1.0 billion in cash, Yandex will receive: Uber’s 33.5% indirect interest in Yandex.Eats, Yandex.Lavka and… Source link

Nuro EC-1 Part 1: Origin story Nuro doesn’t have a typical Silicon Valley origin story. It didn’t emerge after a long, slow slog from a suburban garage or through a flash of insight in a university laboratory. Nor was it founded at the behest of an eccentric billionaire with money to burn. Nuro was born — and ramped up quickly — thanks to a cash windfall from what is now one of its biggest rivals. Nuro was born — and ramped up quickly —… Source link

Self-driving features have been creeping into automobiles for years, and Tesla (TSLA) even calls its autonomous system “full self-driving.” That’s hype, not reality: There’s still no car on the market that can drive itself under all conditions with no human input. But researchers are getting close, and automotive supplier Mobileye just announced it’s deploying a fleet of self-driving prototypes in New York City, to test its technology against hostile drivers, unrepentant jaywalkers,… Source link

All the sessions from Transform 2021 are available on-demand now. Watch now. Google today unveiled a slew of new security solutions for protecting its cloud. The announcements — made during the company’s Security Summit — include a new intrusion detection system, multiple integrations, and an autonomic security operations stack. Additionally, Google Cloud also announced it’s expanding the availability of its Risk Protection Program. During a news conference and in a blog… Source link

Yandex Self-Driving Group, a unit of Yandex, the publicly-traded Russian tech giant, has announced a partnership with food delivery service Grubhub to be its multi-year robotic delivery provider across American college campuses. Yandex will begin operating this fall with dozens of vehicles, according to Dmitry Polishchuk, CEO of Yandex Self-Driving Group, and hopes to reach over 250 campuses. Last September, Yandex’s self-driving unit spun out from a joint venture… Source link

Autonomous vehicles developer Yandex NV’s (NASDAQ: YNDX) Self-Driving Group forged a multi-year partnership with online and mobile food-ordering and delivery platform GrubHub Inc (NASDAQ: GRUB) for faster and more cost-effective deliveries on the U.S. college campuses. The financial terms of the collaboration remain undisclosed. Yandex… Source link

A Yandex self-driving car in Las Vegas, during the 2020 Consumer Electronics Show. Yandex Yandex Self-Driving Group has driven seven million autonomous miles (11.5 million kilometers) since the team was founded in 2017, more than any other company has announced, save for Alphabet’s Waymo. That’s up from two million miles in February, 2020, showing the company’s continued progress, despite the Covid-19 pandemic. Artem Fokin, Head of Business Development for the group,… Source link

SAN RAMON, Calif. (AP) — The executive who steered the transformation of Google’s self-driving car project into a separate company worth billions of dollars is stepping down after more than five years on the job. John Krafcik announced his departure as CEO of Waymo, a company spun out from Google, in a Friday blog post that cited his desire to enjoy life as the world emerges from the pandemic. “I’m looking forward to a refresh period, reconnecting with old friends and family, and… Source link