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LONDON — Uber and British artificial intelligence startup Wayve announced a partnership Thursday that will see the two firms collaborate on autonomous driving technology. As part of the deal, Uber is also investing an undisclosed amount into Wayve for a minority stake, the companies said in a statement. He said that, together with Uber, Wayve is "excited to work with Automotive OEMs [original equipment makers] to bring autonomous driving technologies to consumers sooner." In the future, Uber intends to launch self-driving vehicles on its app equipped with Wayve's tech, the companies said. Uber has also offered rides in vehicles operated by Waymo, the Google self-driving spinoff, as part of a commercial tie-up.
Persons: Uber, Alex Kendall, Wayve's, Dara Khosrowshahi, Khosrowshahi, Cruise, Waymo Organizations: Uber, Nvidia, Microsoft, Automotive, SAE International, Aurora Technologies, General Motors, Waymo, Google, Lyft Locations: British, ., Aurora
But key challenges face the country as it looks to become the world's third-biggest AI hub. At the London Tech Week conference in the Olympia events venue earlier this month, tech executives from around the world touted London and the U.K. as a place to invest. London vs. FranceLondon is facing heated rivalry from France for the title of European AI leader. Can the UK keep its European AI crown? Seeking regulatory clarityAnother key source of uncertainty for tech leaders is the future of AI regulation in the U.K.
Persons: Mike Kemp, Alex Kendall, — Kendall, Wayve's, Brent Hoberman, Wayve, it's, Salesforce, Janet Coyle, Coyle, Arthur Mensch, Hanno Renner, that's, Europe's, CNBC's, Philip Belamant, Zilch, Matthew Holman, Cripps, Holman Organizations: Global, London Tech, Sage, Google, London, Partners, Viva Tech, Accel, CNBC, Mistral France Paris, Alpha, Alpha Germany Heidelberg, Face France Paris, France Paris, United, United Kingdom London, Kingdom London, Tech, European Union Locations: London, United Kingdom, China, Olympia, SoftBank, San Francisco, Vancouver . U.S, France London, France, Brazil, Silicon, Europe, Paris, Berlin, Alpha Germany, Germany, Brexit, Britain
Since launching Wayve in 2017, CEO Alex Kendall has often felt like the self-driving car industry's mostly ignored little brother. In 2017, Kendall got a Ph.D. in deep learning and computer vision at the University of Cambridge. While there, he helped develop a deep learning algorithm for a computer vision concept called "semantic segregation." A delivery van outfitted with Wayve's autonomous driving software is part of the fleet of vehicles making grocery deliveries across London. When he and Kendall launched Wayve, "many of the big technology giants had just put billions of dollars of funding into building autonomous vehicles," Kendall says.
Persons: Alex Kendall, Kendall, Amar Shah, Wayve, Bill Gates, we've, it's, Shah, I've Organizations: Microsoft, Virgin, CNBC, University of Cambridge, PACE, Eclipse Ventures Locations: London, South, Cambridge, Asda, Kendall
Ben Foxall is interested in how humans and tech work together. He began working for Wayve, a startup that's using AI to teach cars to drive. My team oversees the whole process of how self-driving cars work. Right now we're building commercial fleets of self-driving cars for urban areas to be able to take over the last-mile delivery of groceries. Self-driving cars are mind-bogglingly complex and incredible.
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