British self-driving technology startup Wayve said on Tuesday it has raised $1.05 billion in a funding round led by SoftBank Group to accelerate the development and launch in production-model vehicles of its Embodied AI technology that can learn from and adapt to human behavior. The latest funding brings Wayve's total funds raised to just over $1.3 billion and marks the largest investment yet in a British startup focused on artificial-intelligence technology.
STRADVISION, a leader in the automotive technology sector, proudly welcomes SUNG WOO SHIN from Hyundai Motor Company to its esteemed board of directors.
Tesla, Alphabet, and General Motors are all pursuing self-driving cars, but another company is playing a major role in the development of autonomous vehicles.