Analog artificial chip startup Mythic raises $70M in latest funding round

In a statement, Mythic, a startup which makes artificial intelligence chips for use in gadgets such as smart home devices or security cameras said, it has raised $70 million in its latest funding round. Redwood City, California-based Mythic uses analog technology for its chips rather than digital; While digital chips process and store data in…

Isuzu partners with Silicon Valley self-driving startup on autonomous delivery trucks

On Tuesday, Isuzu North America Corp and silicon Valley self-driving startup Gatik said, they will collaborate to build autonomous delivery trucks which will be used by Gatik to serve its retailer customers. Gatik works with Walmart Inc in Louisiana and Arkansas and with Loblaw Companies Ltd in Canada to deliver goods to stores from warehouses…

Ride hailing service provider Bolt to invest $118M in European e-scooter market in 2021

On Thursday, Estonia-based ride-hailing service provider Bolt stated, it has decided to invest $118 million in 2021 and has set a goal to become the biggest e-scooter rental company in Europe. The development comes at a time when cab services have been severely affected by the coronavirus-induced COVID19 pandemic. As part of this strategy Bolt…