Apple bought Drive.ai, an autonomous driving startup once valued at $200 million, Apple confirmed to Axios on Tuesday, and has hired dozens of Drive.ai engineers.

Why it matters: The hires confirm that Apple hasn’t given up its autonomous driving project.

Details: The deal comes after Drive.ai talked with multiple potential acquirers, but in the end only Apple was interested. Apple also purchased Drive.ai’s autonomous cars and other assets, sources tell Axios.

  • Drive.ai ceased operations in the last 2 weeks.
  • Apple’s hires are mostly in the area of engineering and product design, per a source.
  • The purchase price was not disclosed.



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