Before filing for bankruptcy, Luminar struck an agreement with Quantum Computing to sell it the equity of its subsidiary, Luminar Semiconductor, for $110 million in cash.
December 15, 2025Search
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Tesla Share Price Nears Record High as AI Hopes Fuel Rally
It’s been a rocky comeback for Tesla, whose share price has more than doubled since it hit a low in early April amid a wider market meltdown sparked by President Trump’s tariff offensive.
December 15, 2025Xi Warns Officials Against Superficial Economic Gains
Chinese leader Xi Jinping said officials should not only be assessed by the economic growth rate, but also their achievements in ensuring people’s well-being and maintaining stability.
December 15, 2025Rivian Unveils AI Chip for Automated Driving, Ditches Nvidia
The automaker will equip its upcoming R2 sport utility vehicles with Rivian Autonomy Processor 1 chips and a new lidar sensor. TSMC will produce the chips.
December 11, 20253,000 Waymo Taxis Recalled After School Bus Passing Problems
The operating software was updated in all vehicles by Nov. 17. The software may cause the vehicle to pass a stopped school bus even when the red lights are flashing and/or stop arm is extended.
December 11, 2025California Advances New Autonomous Vehicle Regulations
California regulators opened a 15-day public comment period Dec. 3 as they advanced revised rules that would broaden how autonomous vehicles operate on state roads.
December 9, 2025Detmar Logistics to Start Autonomous Ops With Aurora in '26
Last-mile logistics specialist Detmar will use Aurora’s in-house Peterbilt tractors to ship the proppant 20 hours a day on public and private roads in the Permian Basin oil and gas field.
December 8, 2025Torc Taps Innoviz for Short-Range Lidar Requirements
Autonomous trucks require long-range lidar systems to identify objects far ahead and short-range sensors to capture detailed data in complex driving situations.
December 5, 2025Uber Teams With Avride to Offer Robotaxi Rides in Dallas
Customers who request an UberX, Uber Comfort or Comfort Electric may be matched with one of Avride’s Hyundai Ioniq 5 robotaxis at no additional cost starting Dec. 3.
December 3, 2025Barak Turovsky, GM's Head of AI, Leaves Automaker
General Motors' chief AI officer is out, marking the loss of another Silicon Valley alum as the company works to bulk up staffing to support tech innovation at the Detroit automaker.
November 25, 2025