Why the World's Biggest Automakers Are Turning to This Company for Self-Driving Technology
Some of the world's leading automakers are all turning to the same company to help bring past the self-driving finish line. Aurora CEO and Co-Founder Chris Urmson joins Cheddar at CES to discuss his firm's newly-announced partnership with Volkswagen Group. He describes his company's goal as providing the "drivers," by way of software, for autonomous vehicles.
The partnership is focused on developing "mobility as a service" initiative in major cities. Urmson describes how Aurora will help Volkswagen Group's fleet of self-driving cars, known as Sedric, connect people in urban communities. He explains how the service initiative will help people with mobility issues of their own, as well as making transportation easier for commuters.
Urmson reveals how his company spent the past year working with Volkswagen Group to integrate its system into the automaker's fleet. He breaks down Aurora's high-pedigree founding team, including himself, a veteran of Google's self-driving initiative, and Sterling Anderson, one of the minds behind the launch of Tesla's Model X.
Bitcoin surged to its highest level on Monday since January 2nd. The gains also come after a late Sunday rally for the cryptocurrency, when it surpassed the key price of $45,000, and also turned positive for 2022. Matt Hougan, CIO of Bitwise Asset Fund, joins Cheddar News' Closing Bell to discuss what is behind the recent rallies for Bitcoin and other cryptocurrencies.
Cross-border payments are big business, and crypto companies want in on the action, which means challenging established remittance services such as Western Union and MoneyGram.
You've probably seen a traditional shipping container, but did you know that thousands of them sit empty at ports around the world and make supply chain issues worse? Staxxon says it has a solution: a foldable shipping crate that can be stacked with several others in order to save space, time, money, and even carbon emissions. George Kochanowski, CEO and CTO of Staxxon, joins Closing Bell to discuss its foldable containers, how the containers work with current shipping technology, and how they might save retailers money and space.
