The technology industry has been on the edge for years.
In the midst of the financial crisis, a young software company called Nanyang Technology University (NTU) was able to raise $150 million from Silicon Valley giants such as Kleiner Perkins and Andreessen Horowitz.
The company, which had only three employees at the time, was able, according to the Wall Street Journal, to build a powerful product that is now used in more than 3,000 Fortune 500 companies.
The story of how NTU was able of building the first fully autonomous car was one that had the potential to revolutionize transportation.
A self-driving car would change the way we travel, from the city to the country, and from highways to city streets.
The breakthrough was made possible through NTU’s innovative product design, which was led by the former chief technology officer of Ford, John Krause.
NTU founder, David Traverse, told Business Insider that his vision for a self-driven vehicle was “very simple.”
The idea of a self driving car, Traverse said, was “not really about being the best car on the road, it’s about being able to travel very safely and to go wherever you want to go.”
Traverse went on to say that he was inspired by the work of futurist Ray Kurzweil, who believed that we could one day be able to drive a car that could be controlled by artificial intelligence (AI) systems.
Kurzwell, who was born in 1949 and spent most of his life in the US, has long argued that AI will soon surpass human intelligence.
He believed that computers would soon become more intelligent and will ultimately have the ability to take over the world, transforming our relationship with our bodies and minds.
In 2017, NTU announced its vision for self-drive technology, called Transforming Cars, and said it was looking to build its own autonomous car.
According to NTU, its technology was developed using research and development funding from venture capital firms such as Andreessen and Kleiner.
NTUS has made a splash in recent years.
The university announced a $1.8 billion Series B round in February 2018, and in October it announced that it was investing in Lyft.
This year, NTUS announced that they were investing in a new startup called RideShare, which is currently in the beta phase.
RideShare’s aim is to bring self-Driving vehicles to the masses in as little as two years.
NTUs technology and ride sharing platform, RideShare.com, was founded in 2019.
Ride Share was initially founded as a way to connect people in rural areas who were unable to get to their nearest car dealership.
Now, NTUs vision for autonomous vehicles is to be able travel more than 50 miles per hour in a city or 30 miles per day in a rural area.
NTUA’s mission is to build vehicles that are “designed to work in cities and cities where traffic is very limited,” according to NTUA founder David Travers.
He believes that this technology can revolutionize our transportation system.
“Our goal is to create a new era of mobility that’s affordable and safe, and that allows people to do more with less,” Traverse told Business Insider.
“And our goal is not just for a car.
We want a car, we want to be an innovator.”
The NTU CEO believes that autonomous vehicles could change the transportation industry, by removing human drivers from the equation.
According a report by the Center for Automotive Research, self-drivers have a greater likelihood of accidents than fully autonomous vehicles.
The report estimates that the annual crash rate for fully autonomous drivers is about 7.2 accidents per 100 million miles driven, compared to less than 2 accidents per million miles for fully driverless cars.
It also found that fully drivered vehicles are more likely to fail at highway speeds than fully driver assisted vehicles.
However, NTUA has been pushing forward with its technology for years, as they have shown it has a lot of potential.
The startup, which has raised more than $4 billion, has built a number of products that are currently being used in commercial vehicles.
For example, in 2018, NTSU announced it had created a self operating vehicle, which allows people in the vehicle to do tasks such as reading a book, talking to their friends and doing basic tasks like walking.
NTSU also launched a new platform called Tidal that was designed to help people manage their finances and finances more securely.
NTUI’s goal is that its vehicles will become a major part of our daily lives.
It has also been looking to expand its market in the United States.
In February 2018 the company announced it would be buying the former Volvo factory in North Charleston, South Carolina.
In addition to the purchase, NTua also announced that in 2018 it would purchase the former BMW factory in Kalamazoo, Michigan, and a former Ford