"Electric Aircraft Rivals Strike Surprising Deal, Boosted by Cruise and Waymo's Win"

The California Public Utilities Commission has approved permits for Cruise and Waymo to offer commercial robotaxi services in San Francisco, marking a win for the autonomous vehicle industry. Veo, a shared micromobility operator, is expanding into the retail space with the launch of its Cosmo seated scooter for direct-to-consumer sales. Serve Robotics, the autonomous sidewalk delivery robot startup, is going public through a reverse merger with a blank-check company after raising $30 million in funding. Archer Aviation has raised $215 million in new capital and settled its trade secret legal dispute with rival Wisk, agreeing to collaborate and make Wisk its exclusive provider of autonomy technology. In other news, Inrix has raised $70 million in financing, Proterra has filed for Chapter 11 bankruptcy protection, and Treehouse, a home EV charging startup, has raised $10 million in funding.