[P]erhaps enticed by predictions of a $7 trillion autonomous driving industry, Lyft is saying it wants a build its own technology stack so it can operate its own self-driving cars.
To accomplish this, Lyft is opening a new 50,000-square-foot engineering facility in Palo Alto, California, that it’s calling the “Level 5” center in reference to the most advanced level of autonomous driving. Kapoor said the goal is to have “hundreds” of engineers working out of the facility by the end of 2018.
— The Verge
According to The Verge, Lyft is yet to release more concrete details of their plan, including which components of a self-driving car they will build themselves or how much money they plan to spend. Last month, Lyft announced their partnership with self-driving car startup NuTonomy to launch a test pilot of NuTonomy's cars in Boston later this year.
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