AV Hype Returns: Kalanick Back, Talent Wars Ignite

The autonomous vehicle industry is witnessing a revival, drawing parallels to the significant hype of 2016. This resurgence is marked by increased investment and fierce competition for talent, echoing patterns from the past. Travis Kalanick, a notable figure from the early days of this sector, is reportedly involved in a new robotics company, signaling a renewed focus on the field.

Humble Robotics, a company founded by Eyal Cohen, has recently announced its emergence from stealth. Cohen, who has prior experience with companies like Otto and Pronto, successfully raised $24 million. This capital will be used to develop a fully autonomous, cabless electric hauler designed for freight transportation.