Source: Benzinga

Drive.ai: Apple Bails Out Drive.ai With Last-Minute Acquisition

Self-driving startup Drive.ai was days away from shutting down its operations before it was acquired by Apple Inc. (NASDAQ: AAPL), according to The Verge.What HappenedDrive.ai was founded in 2015 by machine learning researchers at Stanford University and is among the more exciting autonomous driving startups, according to The Verge.The company is best-known for employing deep learning technologies that prevent autonomous cars from hitting objects on the road.The ...Full story available on Benzinga.com

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Est. Annual Revenue
$100K-5.0M
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