Apple sells its secret test circuit in Arizona to Waymo for $220 million. The operation dismantles the last physical asset of the Titan Project, the autonomous car Apple cancelled in February 2024 after accumulating losses close to $10 billion. Keys of the operation The sale barely scratches 2% of the total investment. Apple spent $10 billion on the development of Apple Car for more than a decade; the $220 million obtained is testimony to the fi…
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Apple sells its secret test circuit in Arizona to Waymo for $220 million. The operation dismantles the last physical asset of the Titan Project, the autonomous car Apple cancelled in February 2024 after accumulating losses close to $10 billion. Keys of the operation The sale barely scratches 2% of the total investment. Apple spent $10 billion on the development of Apple Car for more than a decade; the $220 million obtained is testimony to the fi…