Uber Unmanned Vehicle Valuation 10 Billion has transported tens of thousands of passengers

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 Uber Unmanned Vehicle Valuation 10 Billion has transported tens of thousands of passengers


The Advanced Technologies Group, which develops driverless solutions, has grown from 40 Pittsburgh researchers in 2015 to nearly 1,000 employees in San Francisco and elsewhere, according to Youbu. In 2018, Ubuntu invested $457 million in research and development costs to the team. (In 2017, $384 million, and in 2016, $230 million. A year ago, he opened a high-tech department in Toronto and said that it would invest more than $150 million in it to develop self driving cars and AI business there. Not only that, excellent step said, it has collected millions of mileage automatic driving vehicle test data, and completed the tens of thousands of passenger trips with the fleet of 250 vehicles.

Ubuntu predicts that cars currently being tested will replace drivers in some situations, but that is not something that can be achieved immediately. On the contrary, it predicts that there will be a longer period of mixed autonomy. At this stage, autopilot will be deployed step by step for specific use cases, for example, gradually driving autopilot during high demand events involving huge traffic flow, complex routes or abnormal weather, or during concerts or sports events.

You know, as time goes by, its investment in self driving cars may aggravate the dissatisfaction of drivers. But it insists that drivers are valuable long-term partners and key differentiated market advantages. Not only that, autopilot will also significantly reduce the cost of carpool, food delivery or logistics services.

Euphemistically, however, euphers record on autopilot research is mixed. In December, Volvo restarted driverless car testing in Pittsburgh and began manual testing in San Francisco and Toronto, eight months after a prototype SUV hit and killed a pedestrian in Tempe, Arizona.

National Transportation Safety (NTSB) determined that Ubuntu engineers shut down the Volvo XC90 automatic emergency braking system involved in the accident. (In the internal document, the company said it was doing so to reduce the possibility of vehicle instability. ) The committee also found that the vehicle awareness system had detected the victim about six seconds before the collision, but did not determine the need for emergency braking until 1.3 seconds before the collision.

After the accident, excellent step suspended the nationwide automatic driving test and fired 100 autopilot car operators.

In a voluntary safety assessment, Ubuntu writes that with the new system, engineering testing teams can now make cars more responsive to safety. Moreover, Ubuntu intends to establish an Advisory Committee on autopilot composed of external expert consultants. The company also said it spent months testing its autopilot technology on closed roads and completed lengthy internal reviews. Christopher Hart, the former chairman of the National Transportation Safety Commission, was also hired as a consultant to assess its safety culture.

Eric Meyhofer, head of the high-tech department, published a blog article in June this year detailing new safety measures, such as a training program for manual driving and monitoring systems: if the drivers eyes leave the road, the system will alert the remote monitor. Ubuntu now requires employees to drive cars in pairs, alternating every two hours. Ubuntu said the cars were traveling on a mile road between its two offices in Pittsburgh at speeds of no more than 25 miles per hour and were unable to get on at night and in bad weather.

The bumpy R&D history has not deterred investors. Earlier this year, Reuters reported that Softbank and TOYOTA led group were negotiating with excellent step to discuss the possibility of investing US $1 billion to its autopilot Auto department. Once the investment is finalized, the valuation of the Department will reach 5 billion to 10 billion US dollars. In the future, UOB may face increasing competition from its peers, including Waymo, Universal Cruise Automation, Tesla, Apple, Zoox, Aptiv, MayMobility, Pronto.ai, Aurora and Nuro. Despite the fierce competition, the prospect of automatic driving can not be ignored. It is expected that by 2023, the global revenue of autonomous driving will reach 173.15 billion US dollars. (Source: VentureBeat Author: KYLEWIGGERS Compilation: Yili) Source: Netease Intelligent Responsible Editor: Feng Zhenyu_NBJS8113

The bumpy R&D history has not deterred investors. Earlier this year, Reuters reported that Softbank and TOYOTA led group were negotiating with excellent step to discuss the possibility of investing US $1 billion to its autopilot Auto department. Once the investment is finalized, the valuation of the Department will reach 5 billion to 10 billion US dollars.

In the future, UOB may face increasing competition from its peers, including Waymo, Universal Cruise Automation, Tesla, Apple, Zoox, Aptiv, MayMobility, Pronto.ai, Aurora and Nuro. Despite the fierce competition, the prospect of automatic driving can not be ignored. It is expected that by 2023, the global revenue of autonomous driving will reach 173.15 billion US dollars.

(Source: VentureBeat author: KYLEWIGGERS compiler: Yili)