Despite the excitement for self-driving cars as the future of the automotive industry, there is a significant safety flaw that hasn’t been resolved. When there is a potential for an accident, the self-driving systems often return control to the human driver too quickly for them to avoid a collision, according to industry experts. Wayve, founded in 2017, believes that their embodied AI technology is the solution to this safety issue in existing self-driving cars. They describe it as a “GPT for driving” and see it as a massive endorsement of their vision.
Wayve is based in London and aims to accelerate the development of its autonomous driving technology. The company has raised over $1 billion from big-name backers like Microsoft and Nvidia. This funding has allowed Wayve to continue developing their technology and addressing the challenges faced by self-driving systems.
Despite the advances in technology, many drivers remain skeptical about fully self-driving cars and the safety risks associated with them. Wayve’s co-founder and CEO, Alex Kendall, expressed excitement about the progress they have made and the funding they have received. He stated that they have always believed that end-to-end AI will make autonomy possible and see this funding as validation of their vision. With Wayve leading the way in autonomous driving technology development, it seems like we are getting closer to realizing this vision every day.
