profishingrods.com
profishingrods.com February 21, 2019


Aurora Innovation self-driving startup scores big Amazon investment

10 February 2019, 12:30 | Joann Bryant

Amazon enters self-driving car arena, invests in Aurora run by former Tesla execs

An Aurora self-driving Lincoln MKZ car is seen outside the company's office in the Lawrenceville neighborhood in Pittsburgh

"This funding and partnership will accelerate our mission of delivering the benefits of self-driving technology safely, quickly, and broadly", Aurora announced in its blog, adding that "Amazon's unique expertise, capabilities, and perspectives will be valuable for us as we drive towards our mission".

The self-driving startup led by ex-Tesla and ex-Google executives, Aurora Innovation, Inc. has landed $530 million dollars in funding after a successful second investment round, and one of its most notable contributors was Amazon. CEO Chris Urmson was with Google's (NASDAQ: GOOG) self-driving auto program (pre-Waymo); CTO Drew Bagnell, worked for Uber's Advanced Technologies Group; and CPO Sterling Anderson helped lead Tesla's Autopilot development. Bagnell was a founder member of Carnegie Mellon's Robotics Centre and Uber's Advanced Technology Centre.

The stature of its founders has allowed Aurora to attract top talent, with more than 250 people split between the San Francisco Bay Area and Pittsburgh, as well as interest from investors and partners.




"We have been very clear this is not a quick thing", he said. The startup has remained fiercely independent, cultivating partnerships with Hyundai, Volkswagen and Byton while designing a suite of software, hardware and data services created to support a range of automakers and transportation networks.

Last month, a Reddit user spotted a self-driving semi truck run by Embark Trucks, a startup integrating its software systems into Peterbilt vehicles, hauling freight for Amazon along the I-10 interstate highway. But the crowded field is largely dominated by the top five companies with significant backing and funding: Alphabet's Waymo unit, General Motors' Cruise unit, Zoox, Aurora and Ford-backed Argo AI. Aurora raised $90 million in a funding round previous year.

T. Rowe Price also invested along with Amazon.com Inc and several venture capital firms. Overall, it intends to be the "nerve center" of autonomous vehicles, and that vision has been funneled into what the company calls the Aurora Driver platform.



Other News

Trending Now

Anthem’s Post Launch Content Roll Out Has Been Revealed
Contracts will allow players to increase their reputation with different factions, granting them access to crafting blueprints. Anthem has six total difficulty levels: Easy, Normal, Hard, Grand Master, Grand Master 2, and Grand Master 3.

Alicia Keys says Grammys 2019 will be "sickest" yet
Brandi Carlile is up for six awards, while Lady Gaga , Cardi B , Maren Morris and H.E.R. each have five nominations. She's nominated for her Sweetener album and "God Is a Woman" song.

SDF will attack ISIL Syria enclave once civilians out
Islamic State redrew the map of the Middle East in 2014 when it declared a caliphate across large areas of Syria and Iraq. But a series of separate military operations, including by the SDF, have left its proto-state in tatters.

Sharma claims record as India cruise past New Zealand
New Zealand , on the other hand, would not be happy with their inconsistent batting performances throughout the Indian series. Sharma, who is standing in as captain while Virat Kohli is rested, had demanded greater consistency ahead of the match.

Warren picks a faded mill city for presidential announcement
The plan, according to documents provided by the campaign, would impose a 2% tax on Americans whose net worth exceeds $50 million. Kamala Harris and Cory Booker already in the race, and others, like Sens.

House Democrats take first step to access Trump tax returns
Republicans are prepared to say that Neal's request is a political witch hunt, rather than legitimate government oversight. Watch:As lawmakers begin to hash out border security, how do conference committees work? "Let's see what happens".

Huawei says it is open to digital 'supervision'
Trump's telecom directive, which will invoke the International Emergency Economic Powers Act, has been finished for months. The company's CFO is in Canada, in custody, awaiting extradition to the U.S. on charges of fraud.

Officials Say Man Shot at Border Is Alive
City officials say Army troops installed more horizontal layers of the wire along the border wall last weekend. Coils of concertina wire on the border fence in Douglas, Arizona, on February 6, 2019.

Donald Cerrone Offers To Replace Robert Whittaker At UFC 234
White gave no indication when in the summer he would like McGregor and Cerrone to fight, but the fight could headline that show. While that was going on, members of Nurmagomedov's team were seen invading the Octagon and exchanging punches with McGregor.

Onward: Trump’s AG Crosses First Hurdle To Confirmation on Party-Line Vote
Once the committee approves the nomination Thursday, it will head to the full Senate, where Barr is expected to be confirmed. He was confirmed to the position without opposition in 1991.