糖心视频

Note: This story was updated on June 26 post-publication after news broke that Apple had purchased the company.

On Tuesday, we reported that 聽was shutting down after the autonomous vehicle startup it would be laying off its 90 employees later this week, as by the San Francisco Chronicle.

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Now it appears that the company鈥檚 assets have been purchased by Apple for an undisclosed sum, according to and . It鈥檚 not new news that Apple was interested in the company, as that had been reported on previously. But it was unclear yesterday what was going on with that deal considering Drive.ai was seemingly planning to shut down.

According to , Apple “has hired dozens of Drive.ai engineers” as part of the acquisition.

Founded in 2015 by a group from Stanford鈥檚 AI lab, Drive.ai had made a name for itself in the self-driving vehicle space with its AI-powered software.

The company鈥檚 most recent round, a capital injection from Singapore-based ridesharing giant in September 2017, the company鈥檚 international efforts. Prior to that round the company picked up a led by . Previous investors in the company also include , , and , among The Mountain View-based company had raised a known over its lifetime and was valued at $200 million in 2017, according to the Chronicle.

Last July, Drive.ai had launched its first vehicles in Frisco, Texas, near Dallas.

Illustration: .

Disclosure: Mary Ann Azevedo’s husband works for Apple in the Austin office.