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Rani Molla

There could be Waymo cars in New York City as company applies for testing permit

Google’s Waymo has applied for permits to test its self-driving cars in New York City — what the city’s Department of Transportation calls “some of the most challenging urban street environments for an AV.” Waymo plans to have a human driver operate the vehicle at first while it collects data.

The company has been offering paid autonomous ride-hailing in San Francisco, Austin, Los Angeles, and Phoenix, with plans to launch in Atlanta, Miami, and DC. Tesla is set to launch its own robotaxi service in Austin next week.

“Bottom line, using a combination of reconstruction and generation, Waymo is now able to create high fidelity simulations leading to a substantially more scalable and efficient approach to validation, helping alleviate one of the major bottlenecks in self driving development,” Morgan Stanley analyst Brian Nowak wrote. “During this process, Waymo must test its model against the long tail of edge cases to produce statistically significant evidence that its model has improved.”

Under current law in New York, a person needs to be behind the wheel to operate a vehicle, but Waymo is hoping to “enact regulatory changes that would allow us to bring our service to the city and state in the future.”

Uber and Lyft are trading down on the news, but for some reason Tesla is up.

The company has been offering paid autonomous ride-hailing in San Francisco, Austin, Los Angeles, and Phoenix, with plans to launch in Atlanta, Miami, and DC. Tesla is set to launch its own robotaxi service in Austin next week.

“Bottom line, using a combination of reconstruction and generation, Waymo is now able to create high fidelity simulations leading to a substantially more scalable and efficient approach to validation, helping alleviate one of the major bottlenecks in self driving development,” Morgan Stanley analyst Brian Nowak wrote. “During this process, Waymo must test its model against the long tail of edge cases to produce statistically significant evidence that its model has improved.”

Under current law in New York, a person needs to be behind the wheel to operate a vehicle, but Waymo is hoping to “enact regulatory changes that would allow us to bring our service to the city and state in the future.”

Uber and Lyft are trading down on the news, but for some reason Tesla is up.

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Microsoft is hiking US Xbox prices for the second time in five months

Microsoft said on Friday that it is once again hiking the price of Xbox consoles in the US, this time by up to $70. According to the company, the new prices will take effect on October 3.

A Series X special edition console will now cost $800, up from $730. The standard Series X is now $650, up from $600. Pricing outside of the US will stay the same, Microsoft said.

If you’re feeling deja vu, that’s because Microsoft just did this back in May when it hiked its Xbox prices by up to $100 in the US. The standard edition of the Series X was $500 at launch, meaning the nearly 5-year-old console has seen a 30% price hike this year.

The update is “due to changes in the macroeconomic environment,” according to Microsoft, language mirroring that of rivals Sony and Nintendo when each hiked their own console prices last month. Industry analysts have long warned that tariffs like those imposed by President Trump could substantially increase the costs of video game console production.

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