Report: Apple Acquires Self-Driving Startup

June 26, 2019
Apple has reportedly acquired autonomous driving startup company Drive.ai in an effort to bolster its self-driving car ambitions.

June 26, 2019—Apple has acquired autonomous driving startup Drive.ai in an effort to bolster its self-driving car ambitions, according to CNET.

The startup -- once valued at more than $200 million -- shut down its operations in mid-June, according to a California regulatory filing.  Axios said Apple confirmed the acquisition, but the site didn't report terms of the deal.

Last July, Drive.ai launched its first self-driving shuttle service in Frisco, Texas. The free program relied on Drive.ai's new app, which allowed its users to hail a ride in one of Drive.ai's self-driving vans.

Sponsored Recommendations

Best Body Shop and the 360-Degree-Concept

Spanesi ‘360-Degree-Concept’ Enables Kansas Body Shop to Complete High-Quality Repairs

How Fender Bender Operator of the Year, Morrow Collision Center, Achieves Their Spot-On Measurements

Learn how Fender Bender Operator of the Year, Morrison Collision Center, equipped their new collision facility with “sleek and modern” equipment and tools from Spanesi Americas...

ADAS Applications: What They Are & What They Do

Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...

Banking on Bigger Profits with a Heavy-Duty Truck Paint Booth

The addition of a heavy-duty paint booth for oversized trucks & vehicles can open the door to new or expanded service opportunities.