Amazon is joining the race of self-driving cars

Amazon is joining the race to put self-driving cars on the road with an investment in a new $530 million funding round for Silicon Valley start-up Aurora. The ecommerce group is focused on getting packages to customers as quickly as possible, and exploring how autonomous vehicles could be used for deliveries and logistics… The series B round values Aurora at more than $2.5 billion, including the latest funding… The round is being led by venture capital firm Sequoia Capital… Aurora’s goal is to develop an autonomous “driver” that could be integrated into vehicles from a number of partners, with potential uses ranging from taxis to delivery, to long-haul trucking… Aurora’s funding is the latest example of money pouring into autonomous technology development, from General Motors’ Cruise unit and Ford’s investment in Airgo AI, to Waymo, Uber’s Advanced Technologies Group and the start-up Zoox, which has raised more than $750 million. A clutch of companies focused on self-driving trucks has also raised funds to take on the $700 billion US trucking market. Aurora was founded in 2016 by Mr Urmson — one of the creators of the Google self-driving car project that became Waymo — Sterling Anderson, Tesla’s former autopilot chief, and robotics professor Drew Bagnell, a co-founder of Uber’s self-driving car unit. 
 
Shannon Bond

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