The National Highway Traffic Safety Administration's Office of Defects Investigation has opened a federal probe into aftermarket driver-assist devices from comma.ai, citing five crashes in which drive…
NexCOBOT general manager Jenny Shern said acquisitions of robotics startups by big tech firms will continue as physical AI becomes more important, citing Mobileye's $900 million purchase of Mentee Rob…
Mobileye, an autonomous driving company with over 230 million EyeQ system-on-chips deployed across roughly 1,200 vehicle models, used Amazon Bedrock AgentCore to deploy an AI Support Agent that cut re…
NXP Semiconductors is in talks to acquire Ambarella, a Santa Clara-based designer of AI vision chips for autonomous vehicles, in a deal valued at roughly $3.3 billion, as reported by the Financial Tim…
Mobileye founder Amnon Shashua is stepping down as CEO, ending an era for the autonomous driving company that Intel acquired for $15.3 billion in 2017. The planned leadership transition, announced Jul…
Qualcomm CFO Akash Palkhiwala told investors on June 24 that the company has an opportunity to grow annual revenue to $100 billion, up from the current $30-$40 billion range, driven by automotive, IoT…