Wayve, a British developer of Embodied AI technologies for self-driving, has announced a new strategic partnership with Uber. Uber has, likewise, agreed to make a strategic investment in Wayve as an extension of the self-driving technology company’s previously announced Series C fundraising round.
At the core of this new partnership is the vision to bring Wayve’s self-driving vehicles to the Uber network through Uber’s ride-hailing platform. The goal here is to extend the reach of Wayve’s technology to multiple markets around the world, making it accessible to Uber’s customer base of more than 150 million monthly users worldwide.
With the additional funding and support gained from its partnership with Uber, Wayve intends to accelerate its work with global OEMs to enhance consumer vehicles with Level 2+ advanced driver assistance and Level 3 automated driving capabilities, while also working towards the development of globally scalable Level 4 autonomous vehicles.
Wayve itself is focused on developing maples end-to-end AI technology aimed at helping automated vehicles to operate without geofenced limits.