Why Lucid (LCID) Is Becoming a Robotaxi Moonshot
Lucid announced that Uber will raise its total investment to $500 million and commit to purchasing at least 35,000 vehicles for a future global robotaxi service, covering the Gravity SUV and upcoming midsize models. The same update included a $550 million infusion from a Saudi Public Investment Fund affiliate, lifting Lucid’s liquidity to about $4.7 billion. In Q1, revenue rose 20% to $282.5 million and production jumped 149% to 5,500 units, though deliveries fell to 3,093 after a supplier issue. Short interest remains high at roughly 49% of the float.
Open-Source Software Is Starting to Help Robots Think
Open‑source initiatives are moving beyond hardware to give robots the ability to reason, decide, and act. Companies such as Nvidia, Hugging Face and Alibaba have released open‑source models, simulation tools, and datasets that enable end‑to‑end robot AI development. The effort...
Bliq.ai Wins Approval for Fully Driverless Road Operations in Estonia
Bliq.ai has secured the first EU approval to operate fully driverless cars on public roads in Estonia, allowing remote‑supervised trips without a driver in the vehicle. The company already runs about a dozen autonomous vehicles, which it claims form Europe’s...
IMO Adopts First-Ever Global Rules for Autonomous Ships
The International Maritime Organization (IMO) has adopted the first global International Code of Safety for Maritime Autonomous Surface Ships (MASS Code), establishing a non‑mandatory framework for autonomous commercial vessels. The code defines four autonomy levels and addresses safety, cybersecurity, navigation,...
Stellantis and Wayve Partner to Bring AI-Powered Hands-Free Driving by 2028
Stellantis announced a strategic partnership with AI‑driving startup Wayve to embed Wayve’s AI Driver into its STLA AutoDrive platform. The collaboration targets supervised hands‑free Level 2++ functionality for both city streets and highways, with the first production‑ready integration slated for North...
One-Third Of Japanese Companies Eye AI Robots As Labor Shortages Intensify
A Reuters‑Nikkei survey finds one‑third of Japanese companies are using or contemplating AI‑enabled robots, with 4% already deployed, 5% planning rollout, and 25% weighing adoption. Automakers and transportation equipment makers are the most aggressive, with 80% of that sector either...