Amazon invests in autonomous car startup Aurora Aurora - a self-driving vehicle company, has secured a funding of more than US$ 530 million from Amazon and Sequoia among others. The company aims to accelerate the development of autonomous technology with the capital raised.
While companies like Google ( Waymo), Apple, General Motors ( Cruise) and others have invested in autonomous vehicle technologies, Amazon has been absent from the scene.
Last year, Aurora partnered with Volkswagen and Hyundai to develop a self-driving system for their vehicles. While Volkswagen plans to integrate the self-driving technology in its vehicles, Hyundai wants to commercialize level 4 autonomous vehicles (which can operate without human input or oversight under select conditions) by 2021.
Aurora was founded in 2016 by three partners - Chris Urmson, Sterling Anderson and Drew Bagnell. Anderson had led Tesla's team that created the Autopilot system, while Urmson served as the Chief Technology Officer at Waymo (formerly Google's self-driving project). Bagnell was a founder member of Carnegie Mellon's Robotics Centre and Uber's Advanced Technology Centre. Link to the Team-BHP News
Last edited by blackwasp : 8th February 2019 at 18:52.
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