Posts

Showing posts with the label #autonomous deliveries

BOOMING AUTONOMOUS DELIVERY INDUSTRY

Image
COVID-19 Accelerating Autonomous Deliveries Source:  Waymo Big Investor Money Pouring In COVID-19 is accelerating a big shift in the global autonomous driving industry.  Business is booming in the autonomous delivery of packages, not the autonomous driving of people.  Companies like self-driving technology company Waymo are enjoying a huge boom in its business of package deliveries and a big influx of capital from investors. Fresh Capital Big players like Waymo, which is owned by Google's parent company Alphabet, are getting a big jump in funding.  Waymo now has $3 billion in fresh capital after expanding its first funding round.  It just raised $750 million in mid May.  According to Reuters' analysis, investors have poured $6 billion into two dozen companies involved in autonomous deliveries in the past seven months.  The technology ranges from drones to big, autonomous trucks. Global Phenomenon:  Future of Travel.   The growth in autonomous deliveries i