Will autotech ventures race east in 2024?
Robotics Business Review
JANUARY 2, 2024
Autotech promises unfulfilled In 2016, John Zimmer the co-founder and president of Lyft, wrote a 16-page whitepaper predicting that the majority of rides on his network would be autonomous by 2021. Last October, GM disclosed its billion-dollar purchase of the startup lost over $730 million during Q3 2023.
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