Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Archive for the ‘autonomous vehicles’ Category

Let the Chips Fall…

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Some big deals brewing early on a Monday morning.

Reuters reported that chipmaker Marvell Technology Group Ltd. would buy smaller rival Cavium Inc. in a $6 billion deal “as it seeks to expand its wireless connectivity business in a fast consolidating semiconductor industry.”

Hamilton, Bermuda-based Marvell makes chips for storage devices while San Jose, California-based Cavium builds network equipment.
– via U.S.

 

China’s e-commerce giant, Alibaba, will buy a big stake in China Wal-Mart rival, Sun Art Retail Group Ltd, for $2.88 billion, which would give it a 36 percent stake in the company.

Alibaba, which runs the world’s largest online shopping operation, sees traditional retail venues as a way to expand its reach into fresh foods while also creating new demand for its Alipay mobile-payment business and its logistics services. “Physical stores serve an indispensable role during the consumer journey, and should be enhanced through data-driven technology and personalized services in the digital economy,” Alibaba chief executive officer Daniel Zhang said in a statement.
– via WSJ

This follows on the heels of Amazon’s $13.7 billion purchase of U.S. grocer Whole Foods.

But China’s not done. One of its leading phone and appliances makers, Xiaomi Corp., has also indicated it would invest as much as $1 billion in 100 startups in India over the next five years. The move is apparently an effort to build an ecosystem of apps around its smartphone brand.

And if you’re still waiting for your Uber, you may not have to wait much longer. Just don’t look for the driver.

Reuters is reporting that Uber plans to buy up to 24,000 self-driving cars from Volvo, building on a three-year relationship between the two companies.

Geely-owned Volvo said in a statement on Monday it would provide Uber with its flagship XC90 SUVs equipped with autonomous technology as part of a non-exclusive deal from 2019 to 2021. A Volvo spokesman said it covered up to 24,000 cars. The self-driving system that would be used in the Volvo cars — which have yet to be built — is under development by Uber’s Advanced Technologies Group.
– via U.S.

That would be the single largest purchase for Volvo, and the broader autonomous vehicle industry, and would give Uber its first commercial fleet of cars.

No financial details were disclosed for the purchase, which would be a massive new investment for Uber and mark a change from Uber’s long-standing business model where contractor drivers buy or lease and maintain their own cars.
– via U.S.

Written by turbotodd

November 20, 2017 at 9:39 am

Where’s My Driver?!

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Ars Technica is reporting that Waymo now has cars driving on the public roads in the Phoenix area with no one in the driver’s seat.

Until recently, the story explains, the company’s modified Chrysler Pacifica minivans had a Waymo employee in the driver’s seat ready to take control if the car malfunctioned.

Not anymore. Check out the video here:

Ya kinda have to see it to believe it.

And so it begins.

Written by turbotodd

November 7, 2017 at 2:25 pm

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