In today’s top news, self-driving truck startup TuSimple landed $1.35 billion in an initial public offering (IPO), while Signifyd raised $205 million via a Series E funding round. Plus, Delta Air Lines began generating $4 million daily in cash in the month of March. Self-Driving...
Silicon Valley self-driving truck technology startup TuSimple rang the opening bell on Wall Street Thursday (April 15) after raising $1.35 billion in an initial public offering (IPO). The company sold 33.8 million shares of its Class A common stock at $40 each, under the Nasdaq ticker symbol...
Autonomous truck company TuSimple filed on Wednesday (April 7) to go public, estimating a share price that would value the company at nearly $8 billion. TuSimple, which is based in San Diego but funded by investors from around the world, filed a statement with the...
The (delivery) robots are coming fast, and seem poised to take over the world. OK, that might take some time, or it might not even happen — nothing against a bit of hyperbole to attract your interest, right? But recent news and trends strongly indicate...
December 05, 2023
Autonomous trucking company TuSimple is laying off most of its U.S. staff and winding down its operations in the country. The company is reducing its U.S. workforce by about 150 employees, which is 75% of its U.S. staff and 19% of its global workforce, TuSimple said in a Monday (Dec. 4) filing with the Securities […]
April 15, 2021
Silicon Valley self-driving truck technology startup TuSimple rang the opening bell on Wall Street Thursday (April 15) after raising $1.35 billion in an initial public offering (IPO). The company sold 33.8 million...
April 07, 2021
Autonomous truck company TuSimple filed on Wednesday (April 7) to go public, estimating a share price that would value the company at nearly $8 billion. TuSimple, which is based in...
August 15, 2019
UPS announced that it purchased a minority stake in autonomous driving company TuSimple. The delivery company also said that it’s been testing self-driving trucks on a freight route in Arizona...
