UK's Ocado invests in Wayve for autonomous grocery deliveries

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LONDON : British online grocer Ocado is investing 10 million pounds (US$13.6 million) in self-driving technology startup Wayve and a partnership to develop autonomous grocery deliveries that can handle tough traffic on busy city streets. Wayve's technology will be used in a 12-month autonomous delivery tr

LONDON : British online grocer Ocado is investing 10 million pounds in self-driving technology startup Wayve and a partnership to develop autonomous grocery deliveries that can handle tough traffic on busy city streets.

"This is a recognition that we're uniquely positioned to build a technology than can deliver for the last-mile delivery space as well adapt and scale globally," said Alex Kendall, CEO of London-based Wayve.

Wayve CEO Kendall said the company's technology relies on machine learning that uses camera sensors fitted on the outside of the vehicle.

 

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