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Aurora Innovation's shares rose 38% in premarket trading on Tuesday after the self-driving technology developer announced a long-term deal with Nvidia and Germany's Continental to deploy self-driving trucks.
Driverless trucks are expected to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks in the near term
LAS VEGAS--(BUSINESS WIRE)---- $AUR #autonomoustrucking--Aurora (NASDAQ: AUR), Continental, and NVIDIA today announced a long-term strategic partnership to deploy driverless trucks at scale, powered by the next-generation NVIDIA DRIVE Thor system-on-a-chip (SoC). NVIDIA's DRIVE Thor and DriveOS will be integrated into the Aurora Driver, an SAE L4 autonomous driving system that Continental plans to mass-manufacture in 2027. Industry-first partnership to scale driverless trucks “Delivering one driverless truck will be monume.
Dara Khosrowshahi is resigning from the board of autonomous vehicle technology company Aurora Innovation, citing a desire to focus on his ongoing responsibilities as CEO of Uber and reduce external board commitments, according to a Friday regulatory filing.
Dara Khosrowshahi is resigning from the board of autonomous vehicle technology company Aurora Innovation, citing a desire to focus on his ongoing responsibilities as CEO of Uber and reduce external board commitments, according to a Friday regulatory filing.
Aurora Innovation is poised to launch a viable autonomous trucking solution soon, with a likely first-mover advantage and strong partnerships. AUR's limited competition could enable it to secure lucrative customers and market share quickly. Uber's significant investment and partnership with Aurora suggest strong support and potential discounts for Uber Freight customers to adopt Aurora's technology.
PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--Aurora Innovation, Inc. (NASDAQ: AUR) today announced David Maday, Chief Financial Officer, will participate in a fireside chat at the Evercore ISI ADAS, AV & AI Summit on September 24, 2024 at 8:45 am Eastern Time. The presentation will be webcast on Aurora's investor relations website at ir.aurora.tech. A replay of the webcast will be available for 30 days following the live presentation. About Aurora Aurora (Nasdaq: AUR) is delivering the benefits of self-dri.
DALLAS--(BUSINESS WIRE)---- $AUR #autonomoustrucking--Aurora Innovation, Inc. (NASDAQ: AUR) is hosting a two-day Partner Summit where company leaders will share exciting updates, including the introduction of its Partner Success Program and the planned route expansion between El Paso, Texas, and Phoenix, Arizona. “We strongly believe that engaging key partners – the people who will regularly interact with the Aurora Driver – is critical to the success of our driverless commercial product," said Ossa Fisher, president of Au.
Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races toward a driverless commercial launch by the end of 2024.
Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races towards a driverless commercial launch by the end of 2024.