The once-celebrated autonomous truck startup TuSimple is undergoing a remarkable transformation, a shift that has left some shareholders perplexed and angry, and could potentially embroil the company in legal disputes again. The company is attempting to transfer approximately $450 million to China to support a new AI animation and video game company, sparking a fierce competition. TuSimple's transformation is astonishing. Founded in 2015 by Mo Chen and Xiaodi Hou, the company was once a star in the autonomous driving industry, backed by Chinese venture capital.

After several quarters of growth in shipments, the global smartphone market has finally emerged from its slump. This September, major brands are holding grand launch events; Apple has unveiled the highly anticipated iPhone 16, while Huawei has introduced the Mate XT. Meanwhile, Honor has made an appearance at the IFA in Berlin, announcing its entry into the 'autonomous driving era' with the industry's first AI Agent intelligent entity.

At the 2024 Bund Conference, Tesla senior instructor Xu Lei shared his insights on the future of autonomous vehicles. Xu believes that once cars achieve full autonomy, they will transition from traditional transportation tools to profit-generating instruments, metaphorically referred to as 'money-printing machines.'

The globally renowned ride-hailing platform Uber has announced a collaboration with the UK-based artificial intelligence company Wayve to jointly develop vehicles equipped with Level 4 autonomous driving capabilities, with plans for deployment in multiple markets worldwide. This partnership serves as a strategic investment by Uber to supplement Wayve's Series C funding, as its technology will be integrated into Uber's autonomous vehicle fleet, accelerating collaborations with global automotive manufacturers. Wayve's Embodied AI technology enables vehicles to operate outside pre-mapped areas within geofenced regions and has launched the largest initiative in Europe in London.

Baidu released its Q2 2024 financial report, showing total revenue stable compared to last year, with the autonomous driving business performing impressively. Luobo Kuaipao completed approximately 899,000 orders in Q2, a year-over-year increase of 26%, with cumulative service orders surpassing 7 million, reflecting market demand and user recognition. Baidu founder Li Yanhong discussed the operations of Luobo Kuaipao in Wuhan during the earnings call, revealing that the fleet currently consists of around 400 vehicles, but the market share is only 1%. Despite the challenges of expanding market share, Li Yanhong remains optimistic about the future of Luobo Kuaipao.

Chinese autonomous vehicle company WeRide has made significant progress in California, obtaining a permit for self-driving vehicle testing that allows passenger rides on public roads, although currently it is not permitted to charge fees or offer services to the public. WeRide had previously obtained a permit in 2021 to test autonomous vehicles without passengers on public roads. However, the company's commercialization progress in California appears to be slow, with its autonomous driving mileage in 2023 far below that of competitor Waymo. WeRide is preparing to raise nearly $5 billion.

Tencent recently released an autonomous driving simulation software called TAD Sim, which is a cross-platform distributed simulation system specifically designed for the research and validation of intelligent driving systems. TAD Sim is based on Tencent's professional game engine and centimeter-level digital twin 3D reconstruction technology, integrating industrial-grade vehicle dynamics models and physical sensor simulations, as well as data-driven AI traffic flow models, capable of completing closed-loop simulation validation for all modules in real vehicles.

Recently, General Motors (GM) announced the suspension of production for the Cruise Origin autonomous taxi. According to a report by The New York Times, GM has decided to shift its focus to the already in-use Chevrolet Bolt EV, with a modified version set to be launched next year.Image source: Generated by AI, image licensed through Midjourney Regarding this decision, GM CEO Mary Barra stated in a letter to shareholders that the design of the Cruise Origin led to "regulatory uncertainty." The ve

It has been reported that Alphabet plans to invest an additional $5 billion into its autonomous driving subsidiary, Waymo, over the coming years. This significant announcement was made by Ruth Porat, Alphabet's Chief Financial Officer, during the company's second-quarter earnings call. Porat stated that this "multi-year investment" will align with the investment levels of recent years, aiming to support Waymo's efforts to solidify its position as a global leader in autonomous driving technology.

Baidu's Intelligent Driving Group (IDG) has experienced another round of personnel changes. According to a report by Xin智驾, Su Tan, the general manager of IDG's Intelligent Vehicle Business Unit, has left the company, and his responsibilities for the intelligent cockpit business have been taken over by Li Tao.Su Tan joined Baidu in 2013, serving as the general manager of the company's Connected Vehicle Division and the general manager of the Intelligent Driving Integration Innovation Division.

According to 36Kr, the recent organizational restructuring in the field of intelligent driving at Li Auto has caught the attention of the industry. It is reported that Li Auto has established a dedicated entity organization for "end-to-end autonomous driving," with a team size of approximately 200 people, and members from other teams are also flexibly supporting this project. This move aligns with industry trends. Previously, NIO had already taken the lead in organizational changes, establishing

Following the layoff turbulence earlier this year, Tesla is now actively expanding its workforce, particularly in the fields of artificial intelligence and robotics. Over the past few weeks, the company has posted around 800 new positions on its recruitment page, signaling a shift in strategic focus.This recruitment drive is primarily focused on Tesla's robotics and AI departments. New hires will mainly be dedicated to developing autonomous driving software, contributing to Tesla's Autopilot and

Recently, Luobo Kuai Pao Company has launched its 6th generation of autonomous vehicles, marking another significant advancement in autonomous driving technology. This model has successfully integrated with Baidu ApolloADFM's large-scale model, which is the world's first large model supporting L4-level autonomous driving technology. Baidu is confident in the safety of this generation of autonomous vehicles, claiming that the autonomous driving system reconstructed based on the large-scale model

On July 10th, Baidu's share price in the Hong Kong stock market started strong, with a significant increase after the opening. According to the latest reports, Baidu's share price surged by over 11%, reaching a high of 95 Hong Kong dollars. At the same time, Baidu's performance in the US stock market was also robust, with its share price rising by 8.47% at the close, ending at 95.4 US dollars.Behind this rise in share price, a series of positive news has been supporting it. Baidu's Intelligent C

Tesla CEO Musk announced that xAI will release version 1.5 of Grok. Musk questions the path of AI development and draws attention through shared images. Lucid's financial report shows an expanded net loss, and Musk criticizes them for relying on Saudi financiers. Lucid expects to produce only 9,000 vehicles in 2024.

The Waymo research team has launched MotionLM for predicting the behavior of road traffic participants. Unlike traditional methods, MotionLM utilizes language modeling and does not require complex optimization programs. This method demonstrates exceptional performance in predicting the behaviors of road participants and is applicable to autonomous vehicles. MotionLM can simulate temporal causal relationships, enhancing prediction accuracy. This innovative approach is expected to promote advancements in the autonomous driving field.

UK startup Wayve released GAIA-1 in June 2023, a generative AI model designed for training data for autonomous vehicles. GAIA-1 uses text, images, videos, and action data to generate synthetic videos of various traffic scenarios, filling a data gap in autonomous driving training. The model now boasts 9 billion parameters and can efficiently generate high-resolution videos, making it a powerful tool for the training and validation of autonomous driving systems. Wayve is also developing Lingo-1, a combination of machine vision.