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Apple Buys Autonomous-Driving Startup Drive.ai
Apple Inc. confirms it has acquired Drive.ai, a struggling Silicon Valley-based developer of artificial intelligence-based software for self-driving vehicles.
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Apple Inc. confirms it has acquired Drive.ai, a struggling Silicon Valley-based developer of artificial intelligence-based software for self-driving vehicles. Terms were not disclosed.
The deal, which was first reported by The Information three weeks ago, gives Apple’s secretive Project Titan autonomous vehicle program access to Drive.ai’s neural network technology and remaining staff.
Drive.ai has been testing a small fleet of self-driving Nissan NV200 vans along fixed routes in California and Texas.
The startup, which has been looking for a buyer, had a workforce of more than 100 people earlier this year. But it told California officials earlier this month that it intended to lay off 90 of them this Friday.
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