Wayve and Uber have announced a partnership to accelerate the future of automated driving.
The companies aim to integrate Wayve’s advanced AI capabilities into consumer vehicles and scale the technology globally.
As part of this partnership, Uber has agreed to make a strategic investment in Wayve, extending the company’s Series C fundraising round.
This investment will advance Wayve’s efforts to collaborate with automotive manufacturers to develop and deploy vehicles equipped with Level 2+ advanced driver assistance systems and Level 3 automated driving capabilities.
The companies are also working towards the creation of scalable Level 4 autonomous vehicles for future deployment on Uber’s platform.
Dara Khosrowshahi, CEO of Uber said:
Uber and Wayve share a vision of reimagining mobility for the better. Wayve’s advanced Embodied AI approach holds a ton of promise as we work towards a world where modern vehicles are shared, electric and autonomous. We’re thrilled to bring Wayve on as a partner to work alongside automakers as we continue to build out Uber as the best network for self-driving vehicles.
Wayve’s approach to autonomous driving focuses on mapless, end-to-end AI technology. This design enables vehicles to operate without the constraints of geofenced areas, allowing for greater flexibility and scalability.
Ultimately, the partnership plans to introduce Wayve-powered self-driving vehicles to the Uber network in various markets worldwide.
Alex Kendall, Co-founder and CEO of Wayve said:
Wayve is building a ‘general purpose’ driving Al that can power all levels of driving automation in any type of vehicle, anywhere in the world. I’m excited to be teaming up with Uber, the largest mobility network in the world, to massively ramp up our AI’s fleet learning, ensuring our AV technology is safe and ready for global deployment across Uber’s network. Together, we’re excited to work with Automotive OEMs to bring autonomous driving technologies to consumers sooner.