According to two people familiar with the matter at hand, the U.S. Department of Energy is closing in on a deal to purchase a supercomputer made with chips from Nvidia Corp and Advanced Micro Devices Inc even as a key lab waits for a larger supercomputer from Intel Corp that has seen delays for months.…
In a statement Uber Technologies Inc said, it is selling its autonomous driving unit, Uber Advanced Technologies Group (ATG), to self-driving car startup Aurora; the development underscores Uber Technologies Inc’s drive to accelerate its goal to achieve profitability. According to sources familiar with the matter at hand, the equity deal values ATG at $4 billion,…
Tech companies are increasing going up the value chain for automakers. This partnership is the latest example of this strategic tie-up. In a development that marks the latest collaboration between Silicon Valley and automakers, Aurora, a self-driving car software startup stated it will be partnering with Fiat Chrysler to build autonomous platforms for commercial vehicles.…
business-gurus.com 