Wayve co-founder and CEO Alex Kendall sees promise in bringing his autonomous vehicle startup’s tech to market. That is, if Wayve sticks to its strategy of ensuring its automated driving software is cheap to run, hardware agnostic, and can be applied to advanced driver-assistance systems, robotaxis, and even robotics. The strategy, which Kendall laid out […]
Wayve raises $1 billion to take its Tesla-like technology for self-driving to many carmakers
Wayve, a UK-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed a $ 1.05 billion in Series C funding led by SoftBank Group. This is the UK’s largest AI fundraise ever and sits among the top 20 AI fundraises globally to date. Also participating in the raise was NVIDIA and […]