nuro

After watching its share price almost double in a week, Arm has further tapped into the demand for AI compute. The chip designer today announced a deal with Nuro, a US startup in the autonomous vehicle (AV) sector — a growing market for Arm. The partnership aims to accelerate the commercialisation of self-driving cars. Arm will bring its famed semiconductor IP to Nuro’s vehicles, starting with the startup’s delivery robots. With zero occupants inside, these AVs can fully focus on external road…

Autonomous delivery startup Nuro has struck a deal with safety-focused software company Foretellix to help with virtual testing of its automated driving system, in a bid to cut R&D costs while still pushing the technology forward. The partnership, which the companies are set to announce later Thursday, comes in the wake of a tumultuous stretch for Nuro. The delivery startup, once a buzzy darling of the AV industry that raised more than $2 billion from high-profile investors such as Baillie…

Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Automakers have been struggling with software development for years now. But the stakes are higher than ever because all of these companies keep touting the coming of the “software-defined” car, in part, to compete with Tesla. It reminds me of the days when automakers (and others) called future cars “an iPhone on wheels.” Making declarations around software is not the same as…

Nuro laid off about 300 people, or 20%, of its workforce.US-based autonomous delivery robot startup Nuro has announced that it will be laying off 30% of its workforce, or about 340 employees, as part of a restructuring intended to extend its capital runway.Recently, Nuro co-founders Dave Ferguson and Jiajun Zhu said in a blog post that the company would cut staff and shift resources away from commercial operations and toward R&D. This is the second time in less than a…

US-based autonomous delivery robot startup Nuro has announced that it will be laying off 30% of its workforce, or about 340 employees, as part of a restructuring intended to extend its capital runway.Last week, Nuro co-founders Dave Ferguson and Jiajun Zhu announced that the company would reduce staff and shift resources away from commercial operations and toward R&D, reports TechCrunch.This year, Nuro will pause its plans to ramp up commercial operations and delay volume production of its third-generation delivery…

Autonomous delivery robot startup Nuro will lay off 30%, or about 340 employees, across the company as part of a restructuring meant to extend its capital runway, according to the company. Earlier this week, Nuro co-founders Dave Ferguson and Jiajun Zhu explained in a blog post that the company would cut staff and shift resources away from commercial operations and toward R&D. Nuro will pause plans to ramp up commercial operations this year and delay volume production of its Nuro bot — the…

Published By: Paras YadavLast Updated: May 13, 2023, 10:50 ISTAutonomous Delivery Robot Startup Nuro (Photo: IANS)This is the second time Nuro has laid off workers in a bid to cut costs and extend the capital runwayUS-based autonomous delivery robot startup Nuro has announced that it will be laying off 30 percent of its workforce, or about 340 employees, as part of a restructuring intended to extend its capital runway.Last week, Nuro co-founders Dave Ferguson and Jiajun Zhu announced that the company would reduce staff…

Autonomous delivery startup Nuro announced this week that it’s laying off 30 percent of its workforce, or around 340 employees, as reported by TechCrunch. It will now shift its focus away from commercial operations and toward R&D. It’s the company’s second round of layoffs in the last year; it let go of about 300 people in November. As part of the restructuring, Nuro says it’s delaying the previously planned production of its third-generation Nuro bot (R3) vehicle. In addition, it will reduce the scale of its…

Ubers are getting a mind of their own. Photo: Uber / MotionalFor the first time, Uber customers will be able to hail a third-party autonomous vehicle in the company’s app—at least in Las Vegas. The rideshare service is partnering with autonomous vehicle company Motional to offer robotaxi rides in the Nevada city. The program is starting out as a pilot wherein users who opt-in for an autonomous ride won’t be charged for the service. But ending up in a free robotaxi will take a little bit of luck, for now. Users in Las…

Nuro, the autonomous vehicle delivery startup backed by SoftBank, Google and Tiger Global Management, is laying off about 300 people, or 20% of its workforce, in an effort to preserve cash amid a stormy economic outlook, according to an email sent to employees this morning. Several Nuro employees also posted on Twitter and LinkedIn this morning that they had been affected by the layoffs. In the email viewed by TechCrunch, co-founders Jiajun Zhu and Dave Ferguson informed employees they would receive an update later…