Baidu and Nvidia partner. Automating cargo shipping. Giving self-driving cars a voice.
Uber and Alphabet once again dominated headlines this week, as conflicting interests have led to rising tensions on Uber’s board. Separately, both companies have also filled key executive positions with external hires.
Alphabet executive David Drummond stepped down from Uber’s board, following reports that the ride-hailing company had been refusing him access to meetings. Sensitive information has also been withheld from board observer David Krane of GV, a major investor in Uber.
For the moment, Google’s expansion of its Waze carpooling trials will not compete directly with Uber, as it focuses on ride-sharing commuters rather than full-time drivers. (Side note: Lyft shut down its similar Lyft Carpool service earlier this month, due to a lack of participating drivers.)
Nevertheless, as Google expands its forays in ride-sharing and Ubers invests heavily into self-driving tech, competitive friction only looks to to rise.
Auto tech exits gaining traction
While both venture capital and corporate investors have ratcheted up their auto tech activity as of late, VC-backed exits in the space have been relatively sporadic.