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DeepRoute.ai gets $100 million charge from auto investor

The company is one of the few from an increasingly crowded autonomous driving sector to raise new private funding in the last two years, as many of its peers make IPOs instead

This article only represents the author's own views.

Two distinct approaches have emerged in the autonomous driving race that has spawned dozens of startups worldwide. One relies on high-precision maps to keep cars and trucks safely on the road, while the other operates without them.

While map-based systems remain dominant due to their navigational precision, map-free solutions, which typically cost less, have suddenly begun creeping up in the passing lane over the past year. Tesla's (TSLA.US) Full Self-Driving (FSD) system, which primarily relies on real-time sensing and AI, has been a notable driver of this trend.

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