Silicon Valley's forming alliances with Ford and GM after years of division

Submitted by Tech Insider on August 16, 2016 - 12:32pm

A big story has developed in the last decade: Silicon Valley and the car business are converging — high-tech code meets heavy metal.

The latest is that Ford, which — alongside China's Baidu — is investing $150 million in Velodyne, a tech company that makes laser-radar Lidar systems. Ford has been working with Velodyne for a decade and uses the expensive Lidar "pucks" on its fleet or self-driving cars, currently undergoing testing in several state.

Pages

Subscribe to Front page feed