General Motors Demonstrates New Self-Driving Technology
General Motors gets ready to unveil its self-driving technology to some pretty eager analysts. It's president said the car will be ready in "quarters, not years." Mike Brown, Technology Reporter at Inverse, explains what this move means in GM's quest to be a leader in the driverless car market.
The company's self-driving cars are the battery-powered Chevrolet Bolts, developed through a subsidiary, Cruise Automation. Brown explains how the technology differs from other tech companies such as Apple and Google.
Plus, package delivery company DHL has invested in Tesla, buying 10+ all-electric semi trucks for its fleet. Brown talks about the future of self-driving trucks on the highway.
Breaking down the good, the bad, and the new in business on Monday, June 13, 2022, with JP Morgan's bullish Apple take, EV startup Electric Last Mile Solutions planning to declare bankruptcy, and Amazon getting ready to roll out its new drone delivery service in California.
Tech apprenticeship platform Multiverse became a unicorn with a $1.7 billion valuation, after raising $220 million in a Series D round. As companies across the country face challenges in hiring and retaining tech talent, Multiverse says it's trying to offer a solution with a new way to train and hire workers that can serve as an alternative to college and corporate training. Sophie Ruddock, VP and GM North America of Multiverse, joins Cheddar News' Closing Bell to discuss.
