Recogni raises $48.9 million for AI-powered perception chips

Prism Chip

Recogni, a startup designing an AI-powered vision recognition module for autonomous vehicles, today announced it raised $48.9 million. The company says the funds will help it bring its perception product to market while expanding the size of its engineering and go-to-market teams.

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Oxbotica raises $47 million to bring autonomy to vehicles in challenging environments

Oxbotica, a U.K.-based developer of autonomous vehicle software, today announced it has raised $47 million in a series B round led by BP Ventures. The startup says the funding will be used to accelerate commercial deployment of its software platform across key industries and markets.

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Nuro becomes first company to receive commercial autonomous vehicle permit from California DMV

Hours after announcing that it acquired self-driving truck startup Ike, Nuro revealed it’s the first company to receive permission from the California Department of Motor Vehicles (DMV) to charge a fee and receive compensation for its driverless delivery service.

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Arm unveils new chips for advanced driver assistance systems

Arm today announced a suite of technologies intended to make it easier for autonomous car developers to bring their designs to market. According to the company, integrating three new processors onto a system-on-chip…

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