SoftBank Bets $1B on New Self-Driving Truck Startup As Robotaxi Players Face Scrutiny

SoftBank bets big on new self-driving truck startup Stack AV with $1B investment
Cruise faces backlash after robotaxi blocks ambulance, but footage refutes claims
Cruise CEO says regulator approval near for mass production of cars sans steering wheels
TuSimple finally files earnings showing focus shift to Asia as it pauses U.S. robotaxi service
Flexport founder returns as CEO, rescinds job offers amid cost-cutting after ousting of Amazon exec

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9/7/2023

Argo AI Founders Launch New Self-Driving Truck Startup Stack AV with $1B From SoftBank

SoftBank has invested over $1 billion in Stack AV, a new autonomous trucking firm founded by the creators of defunct self-driving startup Argo AI, with hopes of revolutionizing the trucking and freight industries despite technological and regulatory challenges.