A new Silicon Valley start-up wants to make driverless vehicles accessible to the masses, and is teaming up with Volkswagen and Hyundai to do it. “Our goal at Aurora is to provide the driver,” said Chris Urmson, the company’s CEO and the former technology chief of Google’s Waymo. “Our partners build vehicles. They understand their customers, and they understand the businesses they want to be in. And we are going to provide them the capabilities for their vehicles to drive around.” “We think that by developing a driver with a variety of other companies, we can actually make it better and safer, quicker.” Aurora plans to develop fleets of self-driving electric taxis to roll out across major cities. Urmson told Cheddar that the company will be working with city governments to ensure a reliable system. Founded about a year ago by Urmson, robotics expert Drew Bagnell, and Tesla alum Sterling Adelson, Aurora also announced a partnership this week with Nvidia to use the chip maker’s products in its autonomous systems. For full interview [click here](https://cheddar.com/videos/why-the-worlds-biggest-automakers-are-turning-to-this-company-for-self-driving-technology).

Share:
More In Technology
EdTech Platform Multiverse Raises $220M to Expand Professional Apprenticeships
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.
Crypto Collapses Are an Ecosystem 'Stress Test,' Says Bitwise CIO
Bitcoin's price has fallen below $24,000, its lowest level since December 2020. Matt Hougan, CIO at Bitwise Asset Management, joined Cheddar News to discuss the future of crypto amid the latest high-profile point of concern, the halting of withdrawals at Celsius Network. "Last month we saw Luna collapse. This month we're seeing Celsius possibly collapsing," he said. "So this stress test is finding weaknesses in the crypto ecosystem and it will continue until we get to a strong foundation from which crypto can recover."
U.S. Stocks Close at Session Lows
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
Load More