Apple Buys Self-Driving Start-Up Drive.AI to Bolster Project Titan

On 26th June 2019, Apple acquired Drive.ai—a self-driving start-up—in a move that is expected to give a massive thrust to its autonomous vehicle technology. While the acquisition terms were not made public, it is believed that Apple acquired the struggling start-up for less than USD 77 million. The acquisition bolsters Apple’s autonomous vehicle initiative—Project Titan—and… Continue reading Apple Buys Self-Driving Start-Up Drive.AI to Bolster Project Titan