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Driverless car startup Pony.ai raises $462 million at a $3 billion valuation

In a sign that investors’ enthusiasm for driverless cars hasn’t dampened yet, Pony.ai today secured a whopping $ 462 million in fresh funding, $ 400 million of which came from Toyota. The capital infusion brings the Guangzhou- and Fremont, California-based startup’s total raised to about $ 800 million at a …

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MIT CSAIL’s radars map hidden features to help driverless cars navigate snowy terrain

Inclement weather — particularly rain and snow — threaten to stop autonomous vehicles in their tracks. That’s because precipitation covers cameras critical to the cars’ self-awareness and tricks sensors into perceiving obstacles that aren’t there. Plus, bad weather has a tendency to obscure road signage and structures that normally serve …

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