Sunday, May 14, 2017

Lyft partners with Waymo to develop self-driving car tech

On-demand cab service Lyft has inked a deal with Waymo, the autonomous vehicle firm spun off from Google, to jointly develop self-driving technology. Details of the partnership are scant, and we don’t yet know what the two companies intend to build together. However, as The New York Times notes, given Lyft’s collaboration with General Motors, it’s likely that Waymo will want to get in on efforts like testing driverless electric Chevy Bolts. The news comes at an interesting time in both companies’ journeys. Lyft raised $600 million last month at a valuation of $7.5 billion and recently began testing Shuttle,…

This story continues at The Next Web

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