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Kodiak AI’s stock tumbled 37% in after-hours trading Thursday after the self-driving truck startup disclosed it had raised $100 million by selling shares at a steep discount — a sign that investors were willing to back the company but not at its current market price. The company sold shares at $6.50 each, well below its…
Autonomous vehicle startup Waabi has raised $1 billion and struck a partnership with Uber to deploy self-driving cars on the ride-hailing platform — the company’s first expansion beyond autonomous trucking. The funding consists of an oversubscribed $750 million Series C round co-led by Khosla Ventures and G2 Venture Partners and roughly $250 million in milestone-based…
Self-driving trucks company Kodiak AI announced on Monday it is working with global automotive supplier Bosch to develop a system of hardware and software that can give standard big rigs autonomous driving capabilities. The collaboration was announced at the 2026 Consumer Electronics Show in Las Vegas, and it could help Kodiak bring its self-driving tech…
Over the next year, Aurora Innovation CEO Chris Urmson wants to “unlock” the Sunbelt of the United States, a southern route where its self-driving trucks will carry goods for companies like Uber Freight and Hirschbach Motor Lines. Aurora, which launched its driverless commercial self-driving truck service this spring, has already made some progress towards that…