{"id":3151,"date":"2021-07-09T16:16:25","date_gmt":"2021-07-09T16:16:25","guid":{"rendered":"https:\/\/cantruck.ca\/amazon-buy-stake-in-ai-truck-driving-startup\/"},"modified":"2025-01-10T16:44:07","modified_gmt":"2025-01-10T16:44:07","slug":"amazon-buy-stake-in-ai-truck-driving-startup","status":"publish","type":"post","link":"https:\/\/cantruck.ca\/fr\/amazon-buy-stake-in-ai-truck-driving-startup\/","title":{"rendered":"Amazon Buy Stake in AI Truck-Driving Startup"},"content":{"rendered":"<p>Amazon.com Inc. has placed an order for 1,000 autonomous driving systems from self-driving truck technology startup,\u00a0<a href=\"https:\/\/www.bloomberg.com\/quote\/1704431D:US\">Plus<\/a>,\u00a0and has acquired the option to buy a stake of as much as 20%, Plus said in a regulatory\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/terminal\/QV1XC1GHXSM2\">filing<\/a>.<\/p>\n<p>The Sequoia Capital China-backed company, which is developing autonomous driving technology for long-haul trucking, is set to have a valuation of $3.3 billion, adding $500 million in proceeds to accelerate its expansion, the company said in a statement in May. The company raised $150 million via so-called private investment in public equity, or PIPE, from funds including\u00a0<a href=\"https:\/\/www.bloomberg.com\/quote\/BLK:US\">BlackRock Inc.<\/a>\u00a0and D.E. Shaw.<\/p>\n<p>Founded by a group of Stanford University classmates in 2016, Plus is backed by investors including\u00a0<a href=\"https:\/\/www.bloomberg.com\/quote\/SAIZ:CH\">Shanghai Automotive Industry Corp.<\/a>,\u00a0<a href=\"https:\/\/www.bloomberg.com\/quote\/GSRVEZ:US\">GSR Ventures Management<\/a>\u00a0and a Chinese long-haul company known in English as Full Truck Alliance. It also has a\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/terminal\/QRG0X0DWX2PS\">partnership<\/a>\u00a0with European truckmaker\u00a0<a href=\"https:\/\/www.bloomberg.com\/quote\/1483099D:IM\">Iveco SpA<\/a>\u00a0and is working with\u00a0<a href=\"https:\/\/www.bloomberg.com\/quote\/CMI:US\">Cummins Inc.<\/a>\u00a0on using autonomous technology in trucks powered by natural gas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon.com Inc. has placed an order for 1,000 autonomous driving systems from self-driving truck technology startup,\u00a0Plus,\u00a0and has acquired the option to buy a stake of as much as 20%, Plus&#8230;<\/p>\n","protected":false},"author":2,"featured_media":1307,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[54],"tags":[329,813,350],"class_list":["post-3151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology-equipment","tag-ai","tag-amazon","tag-autonomous-trucks"],"acf":[],"_links":{"self":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/3151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/comments?post=3151"}],"version-history":[{"count":0,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/3151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media\/1307"}],"wp:attachment":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media?parent=3151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/categories?post=3151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/tags?post=3151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}