GM’s self-driving division Cruise raises another $1.15B

Looking at the picture of the test vehicle in that article, I can't imagine what that sensor suite costs. It looks like it costs more than the car itself.

Cruise acquired Strobe last year, a maker of lidar chips, and claimed the acquisition would help them "reduce sensor costs by up to 99%." There would have to be a lot of zeros in the current price for that to be anywhere close to achievable.

> GM bought Cruise in 2016 for $1 billion to jump-start its self-driving efforts. The company has said it plans to deploy its fully driverless cars, without steering wheel or pedals, for commercial ride-hailing use as early as 2019.

Cruise just raised at a post-money valuation of $19 billion and wants to ship cars without steering wheel or pedals for commercial ride-hailing this year.

Elon & TSLA is looking smarter, and saner, by the minute.

I wish them luck! I have friends at Cruise but judging from how their cars drive around my neighborhood I’m a bit worried. I know city driving is super tough but these cars are sooo timid. Perhaps it’s a safety thing.

Another red flag was a recruiting email I got recently comparing them to all the other self driving car efforts but not addressing anything Tesla is doing. I’m worried they are going to get absolutely destroyed.