So some self driving car companies might not escape Covid. Not surprising, the space is saturated, expensive, and not market ready.
Amazon to pay $1B+ for Zoox
91–100 of 200 posts
Re: Amazon to pay $1B+ for Zoox
#92Earlier quoted context omitted.
I'm glad to live in a world where those kind of things still exist. Lying your way to success?
Have you noticed that the Odyssey is one long celebration of doing exactly that?
Re: Amazon to pay $1B+ for Zoox
#93Earlier quoted context omitted.
That's the most Silicon Valley way of doing things. For one, I'm glad to live in a world where those kind of things still exist.
I'm glad to live in a world where those kind of things still exist. Lying your way to success?
Re: Amazon to pay $1B+ for Zoox
#94Amazon is the biggest logistic company in the world. It has never seized to surprise me that they don't have any presence in this space. Even if things are 10 years away, you want to be in this space if you were claiming to be biggest logistic corporation.
Not even close, Alibaba handles 200 million packages per day and is building out for one billion.
Amazon is barely a tenth of that current volume.
Re: Amazon to pay $1B+ for Zoox
#95Zoox raised almost a billion so terrible exit for the investors, who basically just parked their money for several years. Zoox likely ran out of money and nobody wants to keep dumping money in this space given the anemic progress in the last couple of years. But here is an interesting take. Amazon is an formidable acquirer and probably the only big-tech that knows how to squeeze from their M&A activity. They probably…
> Amazon doesn’t invest in greenfield projects that are not customer facing I don't think this is very true, they are just very good at turning around and selling the internal tech. The underlying technology for AWS was developed internally and it was not customer facing at first. Similarly if you look at their internal data platforms, they have invested heavily even though it's not customer facing (yet, because even…
Re: Amazon to pay $1B+ for Zoox
#96Re: Amazon to pay $1B+ for Zoox
#97Earlier quoted context omitted.
I'm glad to live in a world where those kind of things still exist. Lying your way to success?
Have you noticed that the Odyssey is one long celebration of doing exactly that?
Re: Amazon to pay $1B+ for Zoox
#98How did Zoox start? In 2012, Kentley-Klay stumbled on a blog post about Google’s self-driving car project, then pretty much the only one in the field. He saw the company’s prototypes as unsightly half-measures.. Then, one day, he walked into his Melbourne office (animation, video production) and announced he was off to America to fulfill his driverless dreams. In a move that some will call devious and others will cal…
Re: Amazon to pay $1B+ for Zoox
#99I lived along one of the Zoox test routes in the North Beach neighborhood of SF. My corner (Filbert and Grant) was also a tourist hot-spot to get up to Coit Tower with families, segway tours, and other meanderers being common place. Suffice it to say that I don't think self-driving car tech is ready for city streets. Zoox never put anyone in harms way, but damn did it hold up traffic if there was an "out of place" pe…