Applied Intuition is hiring a Senior Software Engineer - Autonomy and Robotics in Seoul, South Korea

(Reuters) -Applied Intuition secured a $15 billion valuation in a funding round where it raised $600 million, the automotive software supplier said on Tuesday, signaling a strong investment appetite for commercialized autonomous vehicle technology. The funding was co-led by BlackRock-managed funds and accounts alongside venture capital firm Kleiner Perkins. New investors included Franklin Templeton and Qatar Investment Authority, the company said. The funds will help Applied Intuition double down on investments in autonomous technology at a time when companies across the auto sector attempt to ramp up their push for self-driving cars. The Mountain View, California-based company, whose customers include Toyota (NYSE:TM) and Volkswagen (ETR:VOWG_p), also partnered with ChatGPT-maker OpenAI last week, aiming to leverage AI to personalize driving experience.

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Summer road trip season is upon us, so when Google announced some updates to Google Maps,…

Autonomous vehicle software startup Applied Intuition has raised $300 million just four months after closing a $250 million Series E round, yet another sign of how white-hot the investment scene is for artificial intelligence companies. The secondary…

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Komatsu partners with Applied Intuition to develop a software-defined vehicle and autonomy platform for mining equipment, integrating AI and SDV solutions for enhanced productivity, reduced downtime, and autonomous operations. This collaboration signifies a major leap towards innovative, efficient mining practices....