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2021-07-16

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Self-Driving Car Startup With Tesla, Google Roots To Go Public

2021-06-30

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2021-06-30

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It will provide the startup with $2.5 billion in cash to fund growth. It should close in the second half of 2021. Then the company will take the name Aurora Innovation and trade under the symbol AUR.</p>\n<h2>$1 Billion Private Investment In Self-Driving Car Startup</h2>\n<p>Additionally, it includes a private investment in private equity of $1 billion. Investors and partners in the PIPE include major <b>Tesla</b> shareholder Baillie Gifford. Also Uber, Volvo, Paccar, Fidelity and T. Rowe Price.</p>\n<p>Aurora was founded in 2017 by former <b>Alphabet</b> Google and <b>Uber</b> veterans. A third co-founder,&nbsp;Sterling Anderson, led Tesla's AutoPilot team.</p>\n<p>Meanwhile, Aurora expects to launch its first autonomous product for self-driving trucks in late 2023. 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Among lidar stocks, <b>Velodyne Lidar</b> lost 1.3%, <b>Luminar Technologies</b> rose 1.4%, and <b>Ouster</b> added 0.5%.</p>\n<p>\"By combining with Reinvent and with this incredible group of investors, we are even closer to deploying self-driving vehicles and delivering the benefits this technology offers the world,\" Chris Urmson, co-founder and CEO of Aurora, said in Thursday's news release.</p>\n<p>Urmson exited from Google after being passed over to become CEO of the offshoot that became Waymo. He recently dismissed Tesla's claims that its vehicles can soon operate as driverless taxis.</p>\n<p>Another co-founder, Drew Bagnell, helped to lead Uber's self-driving project. In late 2020, Uber sold that project to Aurora.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Self-Driving Car Startup With Tesla, Google Roots To Go Public</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSelf-Driving Car Startup With Tesla, Google Roots To Go Public\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-07-15 23:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Self-driving car startup Aurora will go public by merging with special purpose acquisition company <b><a href=\"https://laohu8.com/S/RTPY\">Reinvent Technology Partners Y</a></b> after rival Waymo scored a big funding round.</p>\n<p>The proposed transaction values Aurora at $11 billion. It will provide the startup with $2.5 billion in cash to fund growth. It should close in the second half of 2021. Then the company will take the name Aurora Innovation and trade under the symbol AUR.</p>\n<h2>$1 Billion Private Investment In Self-Driving Car Startup</h2>\n<p>Additionally, it includes a private investment in private equity of $1 billion. Investors and partners in the PIPE include major <b>Tesla</b> shareholder Baillie Gifford. Also Uber, Volvo, Paccar, Fidelity and T. Rowe Price.</p>\n<p>Aurora was founded in 2017 by former <b>Alphabet</b> Google and <b>Uber</b> veterans. A third co-founder,&nbsp;Sterling Anderson, led Tesla's AutoPilot team.</p>\n<p>Meanwhile, Aurora expects to launch its first autonomous product for self-driving trucks in late 2023. Eventually it expects to expand into the last-mile delivery and ride-hailing markets.</p>\n<p>Volvo and Paccar dominate the market for Class 8 trucks, which include tractor-trailers.</p>\n<p>In a new release Thursday, Aurora described the merger agreement as a major step toward commercializing self-driving vehicles.</p>\n<p>The Aurora Driver is expected to be a Level 4 system powering a range of vehicles from sedans to Class 8 trucks. It includes long-range lidar sensors that help the driverless vehicle \"see\" and track objects on the road even in poor light or weather.</p>\n<p>Google's Waymo Driver also offers Level 4 autonomy, meaning fully automated driving under highly complex urban road conditions, though a driver can take control if needed. On June 16, Waymo announced a $2.5 billion investment round, to advance its autonomous driving technology and grow its team.</p>\n<p>However, Waymo, seen as the leader in developing self-driving technology, has come under criticism for moving slower than expected on commercializing its technology. Aurora's seen as a credible challenger to Waymo.</p>\n<h2>Self-Driving Car Stocks</h2>\n<p>Shares of Reinvent, soon to be Aurora stock, gained 1.3% in Thursday's stock market trading. Google stock dipped 0.9%. Among lidar stocks, <b>Velodyne Lidar</b> lost 1.3%, <b>Luminar Technologies</b> rose 1.4%, and <b>Ouster</b> added 0.5%.</p>\n<p>\"By combining with Reinvent and with this incredible group of investors, we are even closer to deploying self-driving vehicles and delivering the benefits this technology offers the world,\" Chris Urmson, co-founder and CEO of Aurora, said in Thursday's news release.</p>\n<p>Urmson exited from Google after being passed over to become CEO of the offshoot that became Waymo. He recently dismissed Tesla's claims that its vehicles can soon operate as driverless taxis.</p>\n<p>Another co-founder, Drew Bagnell, helped to lead Uber's self-driving project. In late 2020, Uber sold that project to Aurora.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","QNETCN":"纳斯达克中美互联网老虎指数","GOOG":"谷歌","09086":"华夏纳指-U","03086":"华夏纳指","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151527083","content_text":"Self-driving car startup Aurora will go public by merging with special purpose acquisition company Reinvent Technology Partners Y after rival Waymo scored a big funding round.\nThe proposed transaction values Aurora at $11 billion. It will provide the startup with $2.5 billion in cash to fund growth. It should close in the second half of 2021. Then the company will take the name Aurora Innovation and trade under the symbol AUR.\n$1 Billion Private Investment In Self-Driving Car Startup\nAdditionally, it includes a private investment in private equity of $1 billion. Investors and partners in the PIPE include major Tesla shareholder Baillie Gifford. Also Uber, Volvo, Paccar, Fidelity and T. Rowe Price.\nAurora was founded in 2017 by former Alphabet Google and Uber veterans. A third co-founder, Sterling Anderson, led Tesla's AutoPilot team.\nMeanwhile, Aurora expects to launch its first autonomous product for self-driving trucks in late 2023. Eventually it expects to expand into the last-mile delivery and ride-hailing markets.\nVolvo and Paccar dominate the market for Class 8 trucks, which include tractor-trailers.\nIn a new release Thursday, Aurora described the merger agreement as a major step toward commercializing self-driving vehicles.\nThe Aurora Driver is expected to be a Level 4 system powering a range of vehicles from sedans to Class 8 trucks. It includes long-range lidar sensors that help the driverless vehicle \"see\" and track objects on the road even in poor light or weather.\nGoogle's Waymo Driver also offers Level 4 autonomy, meaning fully automated driving under highly complex urban road conditions, though a driver can take control if needed. On June 16, Waymo announced a $2.5 billion investment round, to advance its autonomous driving technology and grow its team.\nHowever, Waymo, seen as the leader in developing self-driving technology, has come under criticism for moving slower than expected on commercializing its technology. Aurora's seen as a credible challenger to Waymo.\nSelf-Driving Car Stocks\nShares of Reinvent, soon to be Aurora stock, gained 1.3% in Thursday's stock market trading. Google stock dipped 0.9%. Among lidar stocks, Velodyne Lidar lost 1.3%, Luminar Technologies rose 1.4%, and Ouster added 0.5%.\n\"By combining with Reinvent and with this incredible group of investors, we are even closer to deploying self-driving vehicles and delivering the benefits this technology offers the world,\" Chris Urmson, co-founder and CEO of Aurora, said in Thursday's news release.\nUrmson exited from Google after being passed over to become CEO of the offshoot that became Waymo. He recently dismissed Tesla's claims that its vehicles can soon operate as driverless taxis.\nAnother co-founder, Drew Bagnell, helped to lead Uber's self-driving project. In late 2020, Uber sold that project to 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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625039983,"share":"https://ttm.financial/m/news/2147892429?lang=&edition=full","pubTime":"2021-06-30 15:59","market":"sh","language":"en","title":"China stocks rise, tech indexes book biggest quarterly gains in a year","url":"https://stock-news.laohu8.com/highlight/detail?id=2147892429","media":"Reuters","summary":"Shanghai, June 30 (Reuters) - China stocks ended higher on Wednesday, with major tech indexes bookin","content":"<p>Shanghai, June 30 (Reuters) - China stocks ended higher on Wednesday, with major tech indexes booking their biggest quarterly gains in a year on policy support from Beijing and strong earnings expectations.</p>\n<p>The blue-chip CSI300 index rose 0.7% to 5,224.04, while the Shanghai Composite Index firmed 0.5% to 3,591.20, also aided by soft factory activity data that soothed fears of policy tightening.</p>\n<p>Shenzhen's start-up board ChiNext climbed 2.1% to a six-year high, while Shanghai's tech-focused STAR50 index&nbsp;rose 1.7%.</p>\n<p>For the quarter, the CSI300 gained 3.5% and the SSEC climbed 4.3%.</p>\n<p>ChiNext jumped 26% for the quarter, while STAR50 advanced 27%, both posting their best quarterly gains in a year.</p>\n<p>Shares in China's semiconductor firms jumped on expectations of robust earnings growth in the first half as a shortage of semiconductors pushed prices higher.</p>\n<p>Shenzhen Fine Made Electronics Group Co Ltd, Kingsemi Co Ltd, Sino Wealth Electronic Ltd&nbsp;and SG Micro Corp rose between 11% and 20%.</p>\n<p>The CSI all-share semiconductors &amp; semiconductor equipment index climbed 4.8%.</p>\n<p>Analysts attributed the tech strength to Beijing's policy support amid Sino-U.S. tech competition and rosy earnings growth in the first half.</p>\n<p>Semiconductors, as a new type of strategic resource, are pivotal to China's economic development in coming decades, BOC International (China) said in a report, noting price hikes in the semiconductor sector.</p>\n<p>Growth in China's June factory activity dipped to a four-month low on higher raw material costs, a shortage of semiconductors and a COVID-19 outbreak in the major export province of Guangdong, amid wider supply chain disruptions in Asia.</p>\n<p>China's economic growth could be weak in the second half, indicating a neutral monetary policy with a loosening bias would continue, Essence Securities said in a report, adding weak growth could substantially decrease chances of monetary tightening.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China stocks rise, tech indexes book biggest quarterly gains in a year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina stocks rise, tech indexes book biggest quarterly gains in a year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-30 15:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shanghai, June 30 (Reuters) - China stocks ended higher on Wednesday, with major tech indexes booking their biggest quarterly gains in a year on policy support from Beijing and strong earnings expectations.</p>\n<p>The blue-chip CSI300 index rose 0.7% to 5,224.04, while the Shanghai Composite Index firmed 0.5% to 3,591.20, also aided by soft factory activity data that soothed fears of policy tightening.</p>\n<p>Shenzhen's start-up board ChiNext climbed 2.1% to a six-year high, while Shanghai's tech-focused STAR50 index&nbsp;rose 1.7%.</p>\n<p>For the quarter, the CSI300 gained 3.5% and the SSEC climbed 4.3%.</p>\n<p>ChiNext jumped 26% for the quarter, while STAR50 advanced 27%, both posting their best quarterly gains in a year.</p>\n<p>Shares in China's semiconductor firms jumped on expectations of robust earnings growth in the first half as a shortage of semiconductors pushed prices higher.</p>\n<p>Shenzhen Fine Made Electronics Group Co Ltd, Kingsemi Co Ltd, Sino Wealth Electronic Ltd&nbsp;and SG Micro Corp rose between 11% and 20%.</p>\n<p>The CSI all-share semiconductors &amp; semiconductor equipment index climbed 4.8%.</p>\n<p>Analysts attributed the tech strength to Beijing's policy support amid Sino-U.S. tech competition and rosy earnings growth in the first half.</p>\n<p>Semiconductors, as a new type of strategic resource, are pivotal to China's economic development in coming decades, BOC International (China) said in a report, noting price hikes in the semiconductor sector.</p>\n<p>Growth in China's June factory activity dipped to a four-month low on higher raw material costs, a shortage of semiconductors and a COVID-19 outbreak in the major export province of Guangdong, amid wider supply chain disruptions in Asia.</p>\n<p>China's economic growth could be weak in the second half, indicating a neutral monetary policy with a loosening bias would continue, Essence Securities said in a report, adding weak growth could substantially decrease chances of monetary tightening.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147892429","content_text":"Shanghai, June 30 (Reuters) - China stocks ended higher on Wednesday, with major tech indexes booking their biggest quarterly gains in a year on policy support from Beijing and strong earnings expectations.\nThe blue-chip CSI300 index rose 0.7% to 5,224.04, while the Shanghai Composite Index firmed 0.5% to 3,591.20, also aided by soft factory activity data that soothed fears of policy tightening.\nShenzhen's start-up board ChiNext climbed 2.1% to a six-year high, while Shanghai's tech-focused STAR50 index rose 1.7%.\nFor the quarter, the CSI300 gained 3.5% and the SSEC climbed 4.3%.\nChiNext jumped 26% for the quarter, while STAR50 advanced 27%, both posting their best quarterly gains in a year.\nShares in China's semiconductor firms jumped on expectations of robust earnings growth in the first half as a shortage of semiconductors pushed prices higher.\nShenzhen Fine Made Electronics Group Co Ltd, Kingsemi Co Ltd, Sino Wealth Electronic Ltd and SG Micro Corp rose between 11% and 20%.\nThe CSI all-share semiconductors & semiconductor equipment index climbed 4.8%.\nAnalysts attributed the tech strength to Beijing's policy support amid Sino-U.S. tech competition and rosy earnings growth in the first half.\nSemiconductors, as a new type of strategic resource, are pivotal to China's economic development in coming decades, BOC International (China) said in a report, noting price hikes in the semiconductor sector.\nGrowth in China's June factory activity dipped to a four-month low on higher raw material costs, a shortage of semiconductors and a COVID-19 outbreak in the major export province of Guangdong, amid wider supply chain disruptions in Asia.\nChina's economic growth could be weak in the second half, indicating a neutral monetary policy with a loosening bias would continue, Essence Securities said in a report, adding weak growth could substantially decrease chances of monetary tightening.","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147525864,"gmtCreate":1626365457058,"gmtModify":1633927419114,"author":{"id":"3578313782089862","authorId":"3578313782089862","name":"Brandonn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578313782089862","authorIdStr":"3578313782089862"},"themes":[],"htmlText":"👍🏻👍🏻","listText":"👍🏻👍🏻","text":"👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/147525864","repostId":"2151527083","repostType":4,"repost":{"id":"2151527083","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1626362102,"share":"https://ttm.financial/m/news/2151527083?lang=&edition=full","pubTime":"2021-07-15 23:15","market":"us","language":"en","title":"Self-Driving Car Startup With Tesla, Google Roots To Go Public","url":"https://stock-news.laohu8.com/highlight/detail?id=2151527083","media":"Investors","summary":"Self-driving car startup Aurora will go public by merging with special purpose acquisition company Reinvent Technology Partners Y.","content":"<p>Self-driving car startup Aurora will go public by merging with special purpose acquisition company <b><a href=\"https://laohu8.com/S/RTPY\">Reinvent Technology Partners Y</a></b> after rival Waymo scored a big funding round.</p>\n<p>The proposed transaction values Aurora at $11 billion. It will provide the startup with $2.5 billion in cash to fund growth. It should close in the second half of 2021. Then the company will take the name Aurora Innovation and trade under the symbol AUR.</p>\n<h2>$1 Billion Private Investment In Self-Driving Car Startup</h2>\n<p>Additionally, it includes a private investment in private equity of $1 billion. Investors and partners in the PIPE include major <b>Tesla</b> shareholder Baillie Gifford. Also Uber, Volvo, Paccar, Fidelity and T. Rowe Price.</p>\n<p>Aurora was founded in 2017 by former <b>Alphabet</b> Google and <b>Uber</b> veterans. A third co-founder,&nbsp;Sterling Anderson, led Tesla's AutoPilot team.</p>\n<p>Meanwhile, Aurora expects to launch its first autonomous product for self-driving trucks in late 2023. Eventually it expects to expand into the last-mile delivery and ride-hailing markets.</p>\n<p>Volvo and Paccar dominate the market for Class 8 trucks, which include tractor-trailers.</p>\n<p>In a new release Thursday, Aurora described the merger agreement as a major step toward commercializing self-driving vehicles.</p>\n<p>The Aurora Driver is expected to be a Level 4 system powering a range of vehicles from sedans to Class 8 trucks. It includes long-range lidar sensors that help the driverless vehicle \"see\" and track objects on the road even in poor light or weather.</p>\n<p>Google's Waymo Driver also offers Level 4 autonomy, meaning fully automated driving under highly complex urban road conditions, though a driver can take control if needed. On June 16, Waymo announced a $2.5 billion investment round, to advance its autonomous driving technology and grow its team.</p>\n<p>However, Waymo, seen as the leader in developing self-driving technology, has come under criticism for moving slower than expected on commercializing its technology. Aurora's seen as a credible challenger to Waymo.</p>\n<h2>Self-Driving Car Stocks</h2>\n<p>Shares of Reinvent, soon to be Aurora stock, gained 1.3% in Thursday's stock market trading. Google stock dipped 0.9%. Among lidar stocks, <b>Velodyne Lidar</b> lost 1.3%, <b>Luminar Technologies</b> rose 1.4%, and <b>Ouster</b> added 0.5%.</p>\n<p>\"By combining with Reinvent and with this incredible group of investors, we are even closer to deploying self-driving vehicles and delivering the benefits this technology offers the world,\" Chris Urmson, co-founder and CEO of Aurora, said in Thursday's news release.</p>\n<p>Urmson exited from Google after being passed over to become CEO of the offshoot that became Waymo. He recently dismissed Tesla's claims that its vehicles can soon operate as driverless taxis.</p>\n<p>Another co-founder, Drew Bagnell, helped to lead Uber's self-driving project. In late 2020, Uber sold that project to Aurora.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Self-Driving Car Startup With Tesla, Google Roots To Go Public</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSelf-Driving Car Startup With Tesla, Google Roots To Go Public\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-07-15 23:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Self-driving car startup Aurora will go public by merging with special purpose acquisition company <b><a href=\"https://laohu8.com/S/RTPY\">Reinvent Technology Partners Y</a></b> after rival Waymo scored a big funding round.</p>\n<p>The proposed transaction values Aurora at $11 billion. It will provide the startup with $2.5 billion in cash to fund growth. It should close in the second half of 2021. Then the company will take the name Aurora Innovation and trade under the symbol AUR.</p>\n<h2>$1 Billion Private Investment In Self-Driving Car Startup</h2>\n<p>Additionally, it includes a private investment in private equity of $1 billion. Investors and partners in the PIPE include major <b>Tesla</b> shareholder Baillie Gifford. Also Uber, Volvo, Paccar, Fidelity and T. Rowe Price.</p>\n<p>Aurora was founded in 2017 by former <b>Alphabet</b> Google and <b>Uber</b> veterans. A third co-founder,&nbsp;Sterling Anderson, led Tesla's AutoPilot team.</p>\n<p>Meanwhile, Aurora expects to launch its first autonomous product for self-driving trucks in late 2023. Eventually it expects to expand into the last-mile delivery and ride-hailing markets.</p>\n<p>Volvo and Paccar dominate the market for Class 8 trucks, which include tractor-trailers.</p>\n<p>In a new release Thursday, Aurora described the merger agreement as a major step toward commercializing self-driving vehicles.</p>\n<p>The Aurora Driver is expected to be a Level 4 system powering a range of vehicles from sedans to Class 8 trucks. It includes long-range lidar sensors that help the driverless vehicle \"see\" and track objects on the road even in poor light or weather.</p>\n<p>Google's Waymo Driver also offers Level 4 autonomy, meaning fully automated driving under highly complex urban road conditions, though a driver can take control if needed. On June 16, Waymo announced a $2.5 billion investment round, to advance its autonomous driving technology and grow its team.</p>\n<p>However, Waymo, seen as the leader in developing self-driving technology, has come under criticism for moving slower than expected on commercializing its technology. Aurora's seen as a credible challenger to Waymo.</p>\n<h2>Self-Driving Car Stocks</h2>\n<p>Shares of Reinvent, soon to be Aurora stock, gained 1.3% in Thursday's stock market trading. Google stock dipped 0.9%. Among lidar stocks, <b>Velodyne Lidar</b> lost 1.3%, <b>Luminar Technologies</b> rose 1.4%, and <b>Ouster</b> added 0.5%.</p>\n<p>\"By combining with Reinvent and with this incredible group of investors, we are even closer to deploying self-driving vehicles and delivering the benefits this technology offers the world,\" Chris Urmson, co-founder and CEO of Aurora, said in Thursday's news release.</p>\n<p>Urmson exited from Google after being passed over to become CEO of the offshoot that became Waymo. He recently dismissed Tesla's claims that its vehicles can soon operate as driverless taxis.</p>\n<p>Another co-founder, Drew Bagnell, helped to lead Uber's self-driving project. In late 2020, Uber sold that project to Aurora.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","QNETCN":"纳斯达克中美互联网老虎指数","GOOG":"谷歌","09086":"华夏纳指-U","03086":"华夏纳指","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151527083","content_text":"Self-driving car startup Aurora will go public by merging with special purpose acquisition company Reinvent Technology Partners Y after rival Waymo scored a big funding round.\nThe proposed transaction values Aurora at $11 billion. It will provide the startup with $2.5 billion in cash to fund growth. It should close in the second half of 2021. Then the company will take the name Aurora Innovation and trade under the symbol AUR.\n$1 Billion Private Investment In Self-Driving Car Startup\nAdditionally, it includes a private investment in private equity of $1 billion. Investors and partners in the PIPE include major Tesla shareholder Baillie Gifford. Also Uber, Volvo, Paccar, Fidelity and T. Rowe Price.\nAurora was founded in 2017 by former Alphabet Google and Uber veterans. A third co-founder, Sterling Anderson, led Tesla's AutoPilot team.\nMeanwhile, Aurora expects to launch its first autonomous product for self-driving trucks in late 2023. Eventually it expects to expand into the last-mile delivery and ride-hailing markets.\nVolvo and Paccar dominate the market for Class 8 trucks, which include tractor-trailers.\nIn a new release Thursday, Aurora described the merger agreement as a major step toward commercializing self-driving vehicles.\nThe Aurora Driver is expected to be a Level 4 system powering a range of vehicles from sedans to Class 8 trucks. It includes long-range lidar sensors that help the driverless vehicle \"see\" and track objects on the road even in poor light or weather.\nGoogle's Waymo Driver also offers Level 4 autonomy, meaning fully automated driving under highly complex urban road conditions, though a driver can take control if needed. On June 16, Waymo announced a $2.5 billion investment round, to advance its autonomous driving technology and grow its team.\nHowever, Waymo, seen as the leader in developing self-driving technology, has come under criticism for moving slower than expected on commercializing its technology. Aurora's seen as a credible challenger to Waymo.\nSelf-Driving Car Stocks\nShares of Reinvent, soon to be Aurora stock, gained 1.3% in Thursday's stock market trading. Google stock dipped 0.9%. Among lidar stocks, Velodyne Lidar lost 1.3%, Luminar Technologies rose 1.4%, and Ouster added 0.5%.\n\"By combining with Reinvent and with this incredible group of investors, we are even closer to deploying self-driving vehicles and delivering the benefits this technology offers the world,\" Chris Urmson, co-founder and CEO of Aurora, said in Thursday's news release.\nUrmson exited from Google after being passed over to become CEO of the offshoot that became Waymo. He recently dismissed Tesla's claims that its vehicles can soon operate as driverless taxis.\nAnother co-founder, Drew Bagnell, helped to lead Uber's self-driving project. In late 2020, Uber sold that project to Aurora.","news_type":1,"symbols_score_info":{"03086":0.9,"09086":0.9,"GOOG":0.9,"GOOGL":0.9,"QNETCN":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153460502,"gmtCreate":1625043059006,"gmtModify":1633945519668,"author":{"id":"3578313782089862","authorId":"3578313782089862","name":"Brandonn","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578313782089862","authorIdStr":"3578313782089862"},"themes":[],"htmlText":"👍🏻👍🏻","listText":"👍🏻👍🏻","text":"👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153460502","repostId":"1166772342","repostType":4,"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}