GM-backed Cruise acquires self-driving startup Voyage
Cruise, a self-driving subsidiary of Standard Motors, introduced these days that , a self-driving startup. It is the most current in a trend of consolidation in the sector.
“The self-driving business is consolidating, and the leaders of a trillion-greenback sector are fast rising,” mentioned Voyager co-founder and CEO Oliver Cameron in a website article. “After becoming intimately included with the AV (autonomous auto) market for the very last 5 yrs, I can say with certainty that Cruise — with its sophisticated self-driving technology, exceptional automobile-maker partnerships, and all-electrical purpose-created car with no human controls — is posed to be the distinct chief.”
GM-backed Cruise is rather perfectly-funded in contrast to Voyage. It operates its autonomous autos in San Francisco — it commenced testing late final 12 months — even though Voyage has been testing primarily in smaller retirement communities like in San Jose, California and The Villages, Florida. Voyage is a startup that spun out of on-line education firm Udacity.
Cruise alone has teamed up with not too long ago to aid accelerate its exploration. Other notable self-driving partnerships involve , and to Aurora.