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Local Motors, the startup behind the Olli autonomous shuttle, has shut down

TechCrunch

Experiencing first-hand the skill and dedication of the people I worked with, I have no doubt AVs (like Olli) are the future of transportation.” The first generation of the shuttle debuted in 2016 in National Harbor, Maryland at a mixed-use development. “Local Motors has closed its doors.

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Optibus taps $100M at a $1.3B valuation for its AI-based mass transit operations platform

TechCrunch

Optibus , which uses AI to help public transportation bodies and their mass transit partners plan and operate their networks, has raised $100 million, funding that it will be using to continue expanding its product set and wider business footprint, CEO and co-founder Amos Haggiag said in an interview in London this week.

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The Station: Waymo sues to protect trade secrets, Wisk lands more Boeing capital and a chat with Toyota’s chief scientist

TechCrunch

The Station is a weekly newsletter dedicated to all things transportation. The fourth round of the Transit Tech Lab has launched and is looking for technologists to submit ideas on ways to restore customer confidence in public transportation, improve resilience to weather extremes, and further reduce the region’s carbon footprint.

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Daily Crunch: $8.5B Amazon-MGM merger will bring thousands of titles to Prime Video

TechCrunch

You can program it and use it for all sorts of things. But it’s also expensive to use at times, with transaction fees jumping up and down. Reface, a Ukrainian app, did not, instead opting to “use its app as a conduit to circumvent the Kremlin’s media censorship,” TechCrunch writes. We dug into how that change is happening.

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Daily Crunch: US dangles reward up to $10M for info on 6 elite Russian military hackers

TechCrunch

It’s offering a $10 million bounty for information that identifies or locates its members. Cut my life into pieces, this is my last transport : Two of China’s biggest robotaxi rivals, Pony and WeRide, are joining forces to plow $135 million into Chinese ride-hailing service OnTime. Go on. ?????. and Canada.

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Inside Seoul Robotics’s contrarian approach to autonomous vehicle tech

TechCrunch

The company’s autonomous-vehicle infrastructure platform called Level 5 Control Tower (or LV5 CTRL TWR) along with its branded Sensr software, collects information from sensors like cameras and lidar (light detection and ranging radar) as well as other data stored in the cloud and then sends that to vehicles. .

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Itilite secures $29M to automate corporate expensing workflows

TechCrunch

With Itilite, which is designed to integrate with existing enterprise systems, Kukreja and Khadiya sought to build a service that could automate T&E processes by providing travelers with personalized options informed by their preferences and past searches.

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