Is Apple Catching Up to Google and Tesla in Self-Driving Technology?

Is Apple Catching Up to Google and Tesla in Self-Driving Technology?

While Apple (NASDAQ: AAPL) has been arguably the most dominant tech company of the past decade, some regard it as a laggard in the race for self-driving cars. Its Project Titan initiative has been overhauled a few times, and competitors Waymo, a division of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), and Tesla (NASDAQ: TSLA) are thought to be leaders in this exciting field.

But on November 17, a new research paper on self-driving technology was published by Apple researchers Yin Zhou and Oncel Tuzel, signaling how Apple is moving forward on self-driving tech. The announcement was notable for two big reasons. One, it was the first paper on the subject published by Apple, which shows the company is serious about leading in self-driving technology despite its late start. Two, the research was published in a public journal called arXiv, a very uncharacteristic move for the secretive iPhone giant.

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Source: Fool.com