AI chipmaker Hailo raises $136M as it doubles down new opportunities for AI modules in edge devices – TechCrunch

AI chipmaker Hailo raises $136M as it doubles down new opportunities for AI modules in edge devices – TechCrunch
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Arbe Robotics and industrial tech acquisitions, announce the scheduled completion of business combination – i-Micronews

Arbe Robotics and industrial tech acquisitions, announce the scheduled completion of business combination – i-Micronews:

~$120M

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GM’s next driver-assist system will be hands-free in “95% of situations”

GM’s next driver-assist system will be hands-free in “95% of situations”:

Ultra Cruise will “eventually” work on every paved road in the US and Canada, according to GM. However, at first, the service will only be enabled on about 2 million miles of paved roads, versus Super Cruise which operates on about 200,000 miles (321,869 km) of roads.

Ultra Cruise is based on cameras, radar, and lidar to create a 360-degree view of the world around the vehicle. The lidar sensor and forward camera will be mounted behind the windshield to allow it to stay clean.

Doug Parks, GM executive vice president of Global Product Development, Purchasing, and Supply Chain.

Ultra Cruise will be able to handle left and right turns, will make automatic and on-demand lane changes and will react to and obey traffic signals and traffic signs. It will also be able to park itself in residential driveways.

Ultra Cruise will debut in an as-yet-unnamed Cadillac in 2023.

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