LONDON: British self-driving technology startup Wayve said on Tuesday it has raised US$200 million from investors to scale up its autonomous driving technology globally and launch more pilot projects with commercial fleet partners.
Making taxis autonomous has proved more difficult and expensive to develop than expected, but investors have been pumping money into self-driving technology for trucks and other commercial vehicles where automation could be viable sooner. "Instead of telling a car how to drive we've built a system that learns to drive and can learn to do intelligent things," Wayve CEO Alex Kendall told Reuters.
Last year Wayve took vehicles to five other UK cities and drove through traffic lights without ever having operated in those cities before.
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