AV

Cruise is laying off 24 percent of its workforce, the company confirmed to Engadget. GM’s self-driving subsidiary says it will cut approximately 900 employees, as first reported by TechCrunch and CNBC. The news comes over 10 weeks after an incident in San Francisco when a Cruise vehicle pinned and dragged a pedestrian who had initially been hit by another car. Earlier this week, the company parted ways with nine executives, including its chief operating officer.“We shared the difficult news that we are reducing our…

The solution developed by this collaboration accelerates the companies’ clients’ time to market. Clients will also save development costs for integration by using a complete solution with ready assets and accelerators that is globally available through a cloud infrastructure.Self-driving startup Venti Technologies said on Tuesday it has raised $28.8 million in Series A funding to speed up the growth of its autonomous vehicle (AV) business for customers the logistics and supply chain industry. Investors in the funding…