Self-Driving Startups Have Lost $40 Billion In Stock Market Valuation In 2 Years

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 59%

United States News News

United States United States Latest News,United States United States Headlines

“It appears investors have mostly given up,” Crunchbase analyst Joanna Glasner says.

, warehouse robots, or farm equipment. The challenges inherent in delivering these bounded technologies, while significant, are much less daunting than the open world of possibilities on our roads.

And the bar is set very high for regulators to unleash self-driving cars or autonomous trucks. Essentially, autonomous systems in public need to be better than humans. “Simply achieving a system that has safety levels on par with a human is actually fairly tractable, in part because human failure modes are somewhat preventable, you know, things like inattention or aggressive driving,” Vlad Voroninski, CEO of autonomous vehicle training company Helm.aiin a TechFirst podcast. “But in truth even achieving that level of safety is not sufficient to launch a scalable fleet. Really what you need is something that’s much safer than a human.

But it also might be a good time for vehicle manufacturers to look at distressed startups that might be available as aqui-hires, providing technology and personnel to speed up their own autonomous vehicle efforts.

 

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

 /  🏆 318. in US

United States United States Latest News, United States United States Headlines

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

'I'm your chef not your doctor': Guy Fieri fires back at critics | CNN BusinessCelebrity chef and restauranteur GuyFieri responds to criticism about the type of food he features on his show 'Diners, Drive-ins and Dives': GuyFieri If you knew anything about him, you would know that he was raised by very healthy minded parents. Not sure if they are true vegetarians but his sister was and he eats a vegetable heavy diet. Like he said, everything in moderation. He has done a lot of good. GuyFieri Fair. People need to stop outsourcing their personal responsibility. GuyFieri This privileged white male needs to be cancelled immediately. boycottwhites All of television needs revamped so white people can no longer spew their vile hatred and bigotry.
Source: CNN - 🏆 4. / 95 Read more »

USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3% – Altcoins Bitcoin NewsDuring the last three months, the stablecoin USDC’s market valuation has dropped by more than 19%, shedding approximately $10.59 billion. How come no one is talking about this! Why are they keeping this a secret USDC is more stable
Source: BTCTN - 🏆 531. / 51 Read more »

How Biden's stock market compares to Trump and ObamaBiden's stock market topped Trump in 2021, but 2022 has been a different story. Bbbbbut I thought stock market analysis was an inaccurate measurement of the economy 😒 Presidents have little to do with the stock market How about comparing mortality rates?
Source: axios - 🏆 302. / 63 Read more »