June 26 - 10:06
Apple buys Drive.ai, according to reports
Apple has bought autonomous driving startup Drive.ai, according to reports. Axios says that Apple has hired dozens of Drive.ai engineers, with other sources saying that Drive.ai's autonomous cars and other assets are part of the deal. A value for the deal has not been confirmed, but Drive.ai raised $77 million in venture funding at a $200 million valuation, according to Pitchbook data.
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