Apple and Hertz will work together on a fleet of self-driving vehicles, Bloomberg reported on Monday.
Hertz shares were up 14 percent after the news. The shares saw a small pop earlier in the day, after Alphabet and Avis announced a similar partnership.
Apple was not immediately available to comment on the report.
Apple CEO Tim Cook has called autonomous systems, including self-driving cars, the “mother of all AI projects.” “We’re focusing on autonomous systems,” Cook told Bloomberg in a previous interview.
Source: Tech CNBC
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