19Negative
Serious
Neutral
Optimistic
Positive
- Total News Sources
- 4
- Left
- 4
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 18 days ago
- Bias Distribution
- 100% Left
Uber Technologies has announced a strategic investment in UK-based startup Wayve, enhancing its commitment to the development of autonomous driving technologies. This investment is part of Wayve's ongoing Series C fundraising, which has already secured $1.05 billion led by SoftBank Group. The partnership aims to enable Wayve to advance its 'Embodied AI' technology, which learns from human behavior to enhance consumer vehicles with Level 2+ and Level 3 automated driving capabilities, and eventually develop Level 4 autonomous vehicles for Uber's network. Wayve, co-founded in 2017, utilizes a unique self-learning approach to navigate driving scenarios without relying on traditional rule-based systems. Uber's collaboration with Wayve follows its broader strategy of forming partnerships with various autonomous vehicle companies and is seen as a significant step toward integrating self-driving technology into its platform globally. While the exact amount of Uber's investment remains undisclosed, it reinforces the growing interest in autonomous vehicle technology among major tech firms.
- Total News Sources
- 4
- Left
- 4
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 18 days ago
- Bias Distribution
- 100% Left
19Negative
Serious
Neutral
Optimistic
Positive
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