Today's Hard|Forum Post
Today's Hard|Forum Post

Wednesday April 13, 2016

Android Creator Invests Big In Autonomous Startup

There sure are a lot of people plopping down huge chunks of money betting on autonomous cars lately. You have to wonder how wise it is to invest millions in a technology that may not take off for years. Smart move or throwing money out the window?

Andy Rubin helped found Android, Inc., which Google acquired in 2005. Rubin stayed on, only to leave in 2014 to start Playground Global, an incubator that focuses on artificial intelligence. Now, his business is putting $12 million in Series A funding behind Nauto, a data services company that hopes to enter the automotive industry in a big way.