Apple Cancels Autonomous Driving Program And What Is Next

in LeoFinance11 months ago

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After more than a decade of working on autonomous driving technology, Apple announced it was cancelling the program.

In this video I discuss how they opted to move on and what might be next. There is now a rumor claiming Rivian could be a target. This would make a fair bit of sense.


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Oh that is surprising. It would be a shame if all those training data are just discarded. I hope they can share it with other companies. If it is Rivian, then it might be good for both.

Summary:
In this video, Task discusses Apple's decision to close down its autonomous driving division and speculates on the potential future moves the company might make in the automotive industry. He highlights the misconception around Apple's capabilities in this sector due to its secretive nature and suggests that Apple might consider acquiring Rivian to enter the market effectively.

Detailed Article:

Task starts by addressing Apple's recent closure of its autonomous driving division, emphasizing the surprise factor it held for many, especially given Apple's longstanding interest in the sector. Task points out the common misconception that just because Apple excels in certain areas like software development and Chinese phone manufacturing, it would automatically succeed in building a car. He underscores the secretive nature of Apple as a company, noting that their true progress and intentions remain unknown to the public.

Task then delves into the speculation surrounding Apple's next steps following the closure of the autonomous driving division. He mentions the possibility of Apple acquiring Rivian, a startup that he views favorably due to its product quality and potentially strong software background as a recent entrant to the automotive scene. Task believes that Apple's financial resources could address Rivian's funding needs and facilitate the scaling of manufacturing operations.

Furthermore, Task discusses the broader trend of tech companies venturing into the automotive industry, citing Tesla as a prime example of a company blurring the lines between being a technology and automotive firm. He sees Rivian as a strategic opportunity for a tech giant like Apple to establish a foothold in the automotive sector through a potential acquisition.

Task also briefly touches upon other tech players like Amazon and Google, highlighting Google's in-house efforts with Waymo but not ruling out the prospect of Google also pursuing Rivian. He contemplates Apple's potential pivot towards dedicating more resources to AI, questioning their delayed involvement given their existing presence in the field through Siri.

In conclusion, Task emphasizes the significance of keeping an eye on developments in the automotive industry, particularly regarding Apple's potential strategies and the evolving landscape where tech companies are increasingly influencing traditional sectors.


Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.