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Although they aren't shutting down, I was thinking that even if they did, Apple can just wait for the dust to settle and buy one of the existing/growing players
by an4rchy 8y ago
Although they aren't shutting down, I was thinking that even if they did, Apple can just wait for the dust to settle and buy one of the existing/growing players once the technology is proven out (they definitely have the cash to do it).
Spending a lot of money and trying to catch up to Waymo/Zoox/Cruise etc is also kinda hard, even for Apple, because of all of the pieces of the stack they need to work on and access to a very competitive/small talent pool.
- npunt 8y agoThat is unless those newer co's are overvalued in the market. I imagine Apple would love to buy Netflix for 10-20bb but at 140bb that's a hard sell. Driverless is such a foundational tech it makes sense to have lots of efforts pursuing it.