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TuSimple pivot from self-driving to AI animation is complete with CreateAI rebrand

TuSimple has completed its pivot away from autonomous trucking to AI animation and gaming with a rebrand. The company shall henceforth be known as CreateAI.Β  The rebrand comes as TuSimple is embroiled in controversy over the company’s plans to move its remaining U.S. assets to China to fund the new business, which it initially announced […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

TuSimple’s former CEO wants a new board that will liquidate the company

TuSimple co-founder and former CEO Xiaodi Hou is on a war path in the lead up to Friday’s annual shareholder meeting that will decide the makeup of the company’s board of directors.Β  Over the past several weeks, Hou has sued TuSimple for control of his voting rights, demanded the company immediately liquidate and return all […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Delaware judge rules against Elon Musk’s $56B pay package again

Welcome back to TechCrunch Mobility β€” your central hub for news and insights on the future of transportation. Sign up here for free β€” just click TechCrunch Mobility! Your usual host Kirsten is out this week, so I’ll be taking you through the last couple weeks’ worth of mobility news.Β  Top of mind this week […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

TuSimple co-founder demands liquidation, sues company for control of his shares

Xiaodi Hou, the co-founder and former CEO of self-driving truck startup TuSimple, is demanding that the board immediately liquidate the company and return all remaining funds β€” roughly $450 million β€” to shareholders β€œon a pure pro-rata basis, regardless of share class,” according to a letter that TechCrunch has viewed.Β  Hou is also suing TuSimple […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Cruise fesses up, Pony AI raises its IPO ambitions, and the TuSimple drama dials back up

Welcome back to TechCrunch Mobility β€” your central hub for news and insights on the future of transportation. Sign up here for free β€” just click TechCrunch Mobility! President-elect Trump has wasted little time picking cabinet members, including naming former Wisconsin Rep. Sean Duffy as the next secretary of transportation. If Duffy’s appointment is confirmed […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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