BMW and Daimler have confirmed planned mobility partnership and have announced €1 billion fund for 5 different joint ventures. The automakers will work on combining efforts to tackle competition from Uber, Electrify America, Maven, and Turo with appropriate common ventures.…
Apple has dismissed 200 employees working in its self-driving car unit, some of the employees have been reassigned to work more broadly on artificial intelligence and machine learning. It looks like the iPhone-maker is shifting its focus to general AI…
BMW and Daimler have announced that their joint mobility company will be headquartered in Berlin. The two companies have already filed documents for a joint venture with the European Commission. According to the two companies, Berlin was chosen due to…