Apple has sold its secret autonomous vehicle testing facility in Wittmann, Arizona, to Waymo for $220 million. The 5,400-acre site, previously used by Chrysler, features a reconstructed city grid, highway section, and a 6-kilometer oval track. This sale marks the final closure of Apple's ambitious and costly "Project Titan," with its automotive ambitions officially ended. Technologies developed for the project are reportedly being integrated into other Apple initiatives, such as Apple Intelligence. AI
IMPACT Waymo's acquisition of Apple's testing facility could accelerate its autonomous driving development and deployment.
RANK_REASON Sale of a major asset by a tech giant to a competitor in a related field. [lever_c_demoted from significant: ic=1 ai=0.7]
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