29-year-old’s self-driving car startup was born in a garage—now it has Bill Gates’ attention and a $1 billion valuation
Publishing timestamp: 2023-08-18 10:08:23
Summary
Wayve, a London-based autonomous driving software company, has gained attention and funding in recent years. The company focuses on artificial intelligence for self-driving cars and aims to build an AI system advanced enough to not require additional sensors and equipment. Wayve has partnered with Microsoft and received over $200 million in funding. The company is currently conducting a yearlong trial with Ocado and Asda for autonomous delivery. However, it faces challenges from competitors like Tesla, Alphabet, and General Motors. Wayve's CEO, Alex Kendall, remains optimistic and motivated by the challenges ahead.
Sentiment: NEUTRAL
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Keywords: driverless cars, artificial intelligence, bill gates, tesla inc,