Aurora CEO interview: Cracking the code of self-driving technology - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The CEO of Aurora explains why the self-driving startup bought a laser-radar company that's completely off the tech-industry grid

That was Chris Urmson's understated assessment of a tiny laser-radar company, Blackmore, that Urmson's startup, Aurora, acquired last year for an undisclosed amount.

The two companies, prior to the acquisition, were also operating in different financial universes. Aurora's most recent funding round was in 2019, for $530 million, bringing the Palo Alto-based firm to a reported $2.5 billion valuation. At Aurora, founded in 2017, Urmson sometimes sounds like Krafcik. Both men speak of an autonomous "driver" as being their focus — a combination of hardware and software that could be installed in any vehicle, like a robot behind the wheel , to replace the human pilot.That brought him to Blackmore.Bob Riha Jr./Reuters

For Aurora's goal of developing a robot driver for Class 8 tractor-trailer rigs, Blackmore's technology is compelling. Although as Urmson put it, Blackmore was "a little off the beaten path;" the company was three years old and the "team has been working on the technology for 15 years." What thrills him about Blackmore is the distance-measuring aspect. "We want that now," is the way he described Aurora's team's reaction to the Blackmore tech when Palo Alto finally met the town of Bozeman, Montana.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft CEO Satya Nadella recommends Colin Mayer's book - Business InsiderMicrosoft CEO Satya Nadella said that a book published last year by Oxford professor Colin Mayer inspired him to think differently about capitalism What that bring to him?
Source: BusinessInsider - 🏆 729. / 51 Read more »

TGI Fridays CEO: Immigration reform is the biggest industry challenge - Business InsiderAs the restaurant industry grapples with low unemployment rates, TGI Fridays' CEO is calling for immigration reform.
Source: BusinessInsider - 🏆 729. / 51 Read more »

GitHub CEO Nat Friedman says it's the 'most valuable social network' - Business InsiderThe CEO of Microsoft's GitHub, home to 40 million developers, says the site is 'by far the most valuable social network that's ever been built'
Source: BusinessInsider - 🏆 729. / 51 Read more »

How to be a great boss: 4 key practices from a CEO leadership expert - Business InsiderMany CEOs and executives only want to put their smarts on display, but that's not what makes a good leader. Here's what it takes to be a great boss.
Source: BusinessInsider - 🏆 729. / 51 Read more »

YouTube child content policy change hurting creator revenue: Yoola CEO - Business InsiderYoola CEO Eyal Baumel told Business Insider that while he lauds the idea of YouTube doing more for kids, as it stands, it's bad for business.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How Chase CEO Jamie Dimon became one of the richest men in banking - Business InsiderJPMorgan Chase posted record earnings on Tuesday. Here's how CEO Jamie Dimon, who has a net worth of $1.7 billion, became one of the richest men in banking. TaxTheCorporations
Source: BusinessInsider - 🏆 729. / 51 Read more »