Apple buys self-driving car startup Drive.ai
Apple Inc on Tuesday confirmed that it has acquired self-driving shuttle firm Drive.ai.
Technology news website The Information reported earlier this month that the iPhone maker was considering acquiring the firm as a move to bring aboard some of its engineering talent to boost Apple’s own self-driving efforts.
In Silicon Valley, it is common for larger companies to acquire struggling startups primarily to hire their engineers, a move known in the industry as an “acqui-hire.”
Apple is also working on key components such as sensors in addition to holding talks with potential suppliers.
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