Alphabet's Waymo just explained how it can make money: selling its self-driving car sensors to partners
Alphabet's autonomous driving unit, Waymo, announced on Wednesday that it will begin to sell its self-driving car sensors to third-parties interested in using the technology for other purposes outside of self-driving cars.
Waymo isn't licensing this technology to businesses that could cannibalize its own attempts in the self-driving industry. It sees LIDAR, which is an acronym for light detection and ranging, as a means to"spur the growth of applications outside of self-driving cars," while also serving as a revenue source.
Last year, Morgan Stanley said Waymo could be worth as much as $70 billion, a staggering figure for a unit that's still included in Alphabet's"other bets" category and which hasn't yet disclosed any revenue figures. "Our custom LIDARs have been instrumental in making Waymo the first company in the world to put fully self-driving cars on public roads," head of Waymo's LIDAR team Simon Verghese wrote in a company blog post on Wednesday."Now, we are making these sensors available to companies outside of self-driving — beginning with robotics, security, agricultural technology, and more — so they can achieve their own technological breakthroughs.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
A chaotic market for one sensor stalls self-driving carsAutomakers and technology companies racing to develop self-driving vehicles are ...
Consulte Mais informação »
Volkswagen Said To Plan $1.7 Billion Investment In Ford's Self-Driving Car UnitVolkswagen's influx of capital and equity gives Ford's Argo AI a $4 billion valuation to help the companies commercialize self-driving technology and mobility services.
Consulte Mais informação »
Self-Driving Cars Are 'More Likely' To Hit And Kill Non-White PedestriansResearchers at the Georgia Institute of Technology have proposed “the concept of predictive inequity in detecting pedestrians of different skin tones in object detection systems”. In other words, you're more at risk of being hit and killed by a self-driving car if you're not white.
Consulte Mais informação »
Self-Driving Cars Are 'More Likely' To Hit And Kill Non-White PedestriansResearchers at the Georgia Institute of Technology have proposed “the concept of predictive inequity in detecting pedestrians of different skin tones in object detection systems”. In other words, you're more at risk of being hit and killed by a self-driving car if you're not white.
Consulte Mais informação »
Someday your self-driving car will pull itself over for policeSelf-driving cars can’t take control of the roads until automakers, engineers, lawmakers and police work through a series of thorny problems: How can a cop pull over an autonomous car? What should the cars do after a collision? How do you program a vehicle to recognize human authorities?
Consulte Mais informação »
Warner Bros.’ Kevin Tsujihara talks AT&T, self-driving Batman cars and the DC universeThe studio is coming off a strong year at the box office, grossing $5.6 billion globally with hits including Oscar-nominated “A Star Is Born” and “Crazy Rich Asians.”
Consulte Mais informação »