Uber sells self-driving unit Uber ATG in deal that will push Aurora’s valuation to $10B

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Former Sequoia partner Amy Sun has already raised millions for her stealthy startup

Former Sequoia partner Amy Sun, who left the famed venture capital firm just months ago, has already raised $3.8 million for her new startup, Daylight Labs, SEC filings show. Daylight Labs will be creating a solution to help gig economy workers make more money, Sun hints to TechCrunch. Still in the early product development stages, […]

Provizio closes $6.2M seed round for its car safety platform using sensors and AI

Provizio, a combination hardware and software startup with technology to improve car safety, has closed a seed investment round of $6.2million. Investors include Bobby Hambrick (the founder of Autonomous Stuff); the founders of Movidius; the European Innovation Council (EIC); ACT Venture Capital. The startup has a “five-dimensional” sensory platform that — it says — perceives, […]

See what’s happening on day two of TC Sessions: Mobility 2020

Grab your caffeinated beverage of choice and get ready for Day Two of TC Sessions: Mobility 2020! Yesterday featured an incredible lineup packed with trends, insights and opportunities designed to help you build a stronger business. Buckle up folks, because we have even more in store today. Heads up: There’s still time to get your […]

Greylock’s Reid Hoffman and Sarah Guo to talk fundraising at Early Stage SF 2020

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After 2019’s reality check, what’s ahead for driverless cars in 2020?

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Intel and Argonne National Lab on ‘exascale’ and their new Aurora supercomputer

The scale of supercomputing has grown almost too large to comprehend, with millions of compute units performing calculations at rates requiring, for first time, the exa prefix — denoting quadrillions per second. How was this accomplished? With careful planning… and a lot of wires, say two people close to the project. Having noted the news […]

The Station: A new self-driving car startup, Inside Tesla’s V10 software, Lilium’s big round

If you haven’t heard, TechCrunch has officially launched a weekly newsletter dedicated to all the ways people and goods move from Point A to Point B — today and in the future — whether it’s by bike, bus, scooter, car, train, truck, flying car, robotaxi or rocket. Heck, maybe even via hyperloop. Earlier this year, […]

Uber spent $457 million on self-driving and flying car R&D last year

Uber spent $457 million last year on research and development of autonomous vehicles, flying cars (known as eVTOLs) and other “technology programs” and will continue to invest heavily in the futuristic tech even though it expects to rely on human drivers for years to come, according to the company’s IPO prospectus filed Thursday. R&D costs […]

Startups Weekly: Will Trump ruin the unicorn IPOs of our dreams?

The government shutdown entered its 21st day on Friday, upping concerns of potentially long-lasting impacts on the U.S. stock market. Private market investors around the country applauded when Uber finally filed documents with the SEC to go public. Others were giddy to hear Lyft, Pinterest, Postmates and Slack (via a direct listing, according to the latest reports) […]