Volkswagen Wants a Driverless Taxi to Take You Home
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).
Ellen Fitzsimmons-Craft, assistant professor of psychiatry at Washington University School of Medicine, joins Cheddar News to discuss how chatbots can help prevent eating disorders and the research that uncovered these findings.
Markets closed the day mixed, and well off their lows of the day following a market meltdown earlier in the session. The Nasdaq staged a comeback late in the day, even amid ongoing worries about the Federal Reserve raising interest rates. Doug Flynn, certified financial planner and co-founder of Flynn Zito Capito, joined Cheddar News' Closing Bell to discuss the markets' close and what's driving the major indexes.
Two companies recently announced a new partnership aimed at addressing the growing demand to borrow against crypto - digital assets capital markets firm CrossTower is partnering with commercial bank, BankProv. The companies are launching a crypto lending platform that will allow Bitcoin miners to receive loans to invest in crypto mining equipment. The companies say the program also addresses the difficulty of breaking into crypto mining due to the high cost. CrossTower research analyst Martin Gaspar joins Cheddar News' Closing Bell to discuss.
Next-gen social sports platform Break the Love recently raised $2.5 million in seed funding. Break the Love's platform and iOS app allows users to discover and book group-based tennis activities, to either learn, train, or compete. The new company has already gotten support from a few big names in the world of tennis, including the coach of Naomi Osaka, as well as the United States Tennis Association and the brand Wilson. Break the Love founder and CEO Trisha Goyal joins Cheddar News' Closing Bell to discuss.
The world of NFTs and cannabis are colliding as luxury cannabis company Peakz gears up to launch a digital dispensary in the metaverse. CEO Jessie Grundy and Tiffany McBride, managing director of social equity ventures at The Parent Company, an investor in Peakz, joined Cheddar to break down exactly how a digital dispensary would work. Grundy also talked about offering low-cost NFT courses in an effort to help Oakland, California, residents not miss out on new investing opportunities, and McBride discussed why the tech-forward vision of Grundy was worth investing in for The Parent Company. "He comes with really fresh ideas that he's vetted, that he's experienced in, and I really believe the thinking along Jessie's lines is the future of cannabis," she said. "He's more than just flower and a story. He comes with concepts that are new that are innovative, and that is easy for us to get behind."
