kylevogt
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GM's Cruise buys LIDAR company to drastically cut self-driving costs
GM has already said it has what it takes to get a fleet of autonomous vehicles on the road before anyone else, and that timeline might've sped up further. Cruise Automation, the company GM acquired a little over a year ago, has announced it's made a purchase of its own: Strobe, which specializes in shrinking LIDAR arrays down to a single chip. The most immediate benefit here is cost. In a post on Medium, Cruise CEO Kyle Vogt writes that LIDAR-on-a-chip will drop the price "by 99 percent" versus other LIDAR systems.
