A fight is brewing as TuSimple tries to move $450M to China and pivot from self-driving trucks to AI animation

Quick Summary:

TuSimple, once a buzzy startup considered a leader in self-driving trucks, is trying to move its assets to China to fund a new AI-generated animation and video game business.

Meanwhile, TuSimple spent much of 2024 licensing entertainment IP and staffing up its new animation and gaming business segment, according to public job listings and interviews with former employees.

In 2022, after a Committee on Foreign Investment in the United States probe, TuSimple revealed that its employees spent paid hours working for Hydron in 2021, and that confidential information was shared with the company.

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Article Details

Author / Journalist: Rebecca Bellan, Rita Liao

Category: Technology

Markets: United StatesBrazilChina

Topics: Autonomous vehicles Transportation TuSimple Self-driving trucks Exclusive

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 18:18:05 (20 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 2769 words

Reading Time: 16 minutes read

Sentences: 114 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22500908

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