UPS buys stake in TuSimple, testing self-driving trucks in Arizona

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UPS said on Thursday it has bought a minority stake in self-driving company TuSimple, and the world's largest package delivery company has been ...

DETROIT: UPS said on Thursday it has bought a minority stake in self-driving company TuSimple, and the world's largest package delivery company has been testing the startup's autonomous trucks since May on a busy freight route in Arizona.

UPS and TuSimple did not disclose the size of the investment. TuSimple's other investors include Chinese online media company Sina Corp and U.S. chipmaker Nvidia Corp. The trucks run around the clock, with the self-driving trucks delivering freight within UPS' system. TuSimple has a professional driver behind the wheel and an engineer in the passenger seat.

 

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