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The Information tells us that General Motors’ Cruise Automation self-driving car unit has acquired automotive radar maker Astyx. The move can be seen as a simple defensive move to preserve access to valuable radar technology along the path to realizing Cruise’s vision of a robotaxi infused future.
There are a variety
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With General Motors investing $500M in Lyft and buying Cruise Automation (aftermarket self-driving car technology) for $1B, there are some people speculating that the company may be recreating its mid-prior-century effort to monopolize mass transportation. In the 1940’s, National City Lines and Pacific City Lines,… Read More