Tags: apple | self | driving | cars

Apple Buys More Self-Driving Car Technology in Latest Deal

Apple Buys More Self-Driving Car Technology in Latest Deal
(Iqoncept/Dreamstime)

Thursday, 27 June 2019 09:35 AM EDT

Apple has bought a struggling self-driving car startup as the iPhone maker continues to explore the potential market for robotic vehicles, despite recently curtailing its work on the technology.

The Cupertino, California, company confirmed its acquisition of Drive.ai Wednesday without disclosing the price. A recent filing with California labor regulators disclosed that Drive.ai planned to close its doors this Friday, laying off 90 workers.

Apple (AAPL) didn't say whether its deal included the engineers who were set to lose their jobs with Drive.ai. Apple trimmed the size of its own self-driving car division in January when it reportedly eliminated more than 200 jobs in the division.

The deal gives Apple the rights to Drive.ai technology deployed in self-driving vans that had been giving short-distance rides in two Texas cities, Arlington and Frisco.

Uber, meanwhile, confirmed Wednesday that it acquired a self-driving technology company called Mighty AI. As part of that deal, 40 employees from Mighty AI's Seattle office will work at the ride-hailing giant's Seattle engineering facility.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


StreetTalk
Apple has bought a struggling self-driving car startup as the iPhone maker continues to explore the potential market for robotic vehicles, despite recently curtailing its work on the technology.
apple, self, driving, cars
167
2019-35-27
Thursday, 27 June 2019 09:35 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved