Uber, Khosla, Nvidia invest in autonomous trucking startup Waabi

Uber, Khosla, Nvidia invest in autonomous trucking startup Waabi

Raquel Urtasun, Founder and CEO of Waabi. Courtesy: Waabi Autonomous trucking startup Waabi announced Tuesday it has raised $200 million in an oversubscribed Series B funding round led by existing investors Uber and Khosla Ventures. Waabi’s latest funding round also includes Nvidia, a new investor in the company, as well as Porsche and the venture capital … Read more

Autos firms say they expect limited impact from Baltimore port closure

Autos firms say they expect limited impact from Baltimore port closure

The remains of the Francis Scott Key Bridge on March 26, 2024 in Baltimore.  Michael A. McCoy | The Washington Post | Getty Images The Baltimore bridge collapse has prompted carmakers to assess operations after the closure of the busiest U.S. auto port. Many do not expect major disruptions so far. In a dramatic scene, … Read more

Is Tesla still a buy? What this CIO says, and 3 alternatives he likes

Is Tesla still a buy? What this CIO says, and 3 alternatives he likes

Tesla ‘s had a bad week. Its earnings missed expectations and its shares experienced the biggest drop in over a year. The U.S. electric vehicle giant has been a big investor darling, with its shares doubling in 2023, but the company itself warned of a slowdown in 2024. Kingsley Jones, CIO and founder of boutique … Read more