Waabi, a provider of generative AI, has raised $200 million (€186 million / £157 million) in an oversubscribed Series B round led by Uber and Khosla Ventures. The company has said that it will utilize the new funding to support the deployment of its driverless, generative AI-powered, autonomous trucks in 2025.

The funding round includes participation from the provider’s strategic investors Nvidia, Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest and Ingka Investments. Additional financial investors include HarbourVest Partners, G2 Venture Partners, BDC Capital’s Thrive Venture Fund, Export Development Canada, Radical Ventures, Incharge Capital, and others. Through the new round, the total investment in the company has increased up to more than $280 million (€260 million / £219 million).

At the core of Waabi’s offering is a single end-to-end AI system that the company says is capable of human-like reasoning, enabling it to generalize to many scenarios that may occur on the road, including those it has never seen before. These reasoning capabilities require the system to pull from less training data and compute resources compared to similar end-to-end approaches. Further departing from these approaches, Waabi’s system is fully interpretable and its safety can be validated and verified. When paired with the Waabi World simulator, it likewise reduces the need for extensive on-road testing while enabling a safer, more efficient solution that is scalable from day one.

With the infusion of strategic capital, Waabi is now aiming to launch fully driverless trucks in Texas, expand driverless operations to new geographies, and transform the supply chain. The new capital will also be used to grow the company’s commercial operations and expand its team in both Canada and the United States.