Apple Buys Self-Driving Automobile Startup Drive.ai

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Apple Inc on Tuesday confirmed that it has acquired self-driving shuttle agency Drive.ai.

Know-how information web site The Info reported earlier this month that the iPhone maker was contemplating buying the agency as a transfer to deliver aboard a few of its engineering expertise to spice up Apple’s personal self-driving efforts.

One among lots of of startups pursuing autonomous automobiles, Drive.ai had been operating a small fleet of take a look at shuttles in Texas, The Info reported. However the startup instructed California regulators that it plans to put off 90 folks in a everlasting closure. The San Francisco Chronicle earlier reported the closure.

In Silicon Valley, it’s common for bigger corporations to accumulate struggling startups primarily to rent their engineers, a transfer recognized within the trade as an “acqui-hire.”

Apple is vying towards rivals reminiscent of Alphabet Inc’s Waymo to develop self-driving automobiles. Prior to now 12 months, Apple has revamped its efforts, bringing former Tesla Inc engineering chief Doug Area to supervise the operation, which incorporates greater than 5,000 employees.

Apple can also be engaged on key elements reminiscent of sensors along with holding talks with potential suppliers.


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