Apple Acquires Self-Driving Startup
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.
Source: Fender Bender