The nascent self-driving space is littered with “partnerships”—Waymo with Avis and Fiat Chrysler, Lyft with Aptiv, Toyota and Uber. But Ike and Nuro have got something different going on. “This type of licensing arrangement seems rather new in the AV space,” says Raj Rajkumar, an electrical and computer engineer who studies autonomous technology at Carnegie Mellon University. It might be a sign that once-unlimited autonomous vehicle startup funding is now limited, and that companies are getting creative with money.
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