Apple nabs self-driving car tech with Drive.ai acquisition

Apple has bought a struggling self-driving car startup as the iPhone maker continues to explore the potential market for robotic vehicles, despite recently curtailing its work on the technology.

Apple didn't say whether its deal included the engineers who were set to lose their jobs with Drive.ai. Apple trimmed the size of its own self-driving car division in January when it reportedly eliminated more than 200 jobs in the division. Founded in 2015 by alumni of Stanford University’s Artificial Intelligence Lab, the startup had raised $77 million in venture capital from investors including GGV Capital and New Enterprise Associates. It had not raised new funding since September 2017, according to Crunchbase.

self driving cars.....bad idea....

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