Despite advances in technology, most drivers remain skeptical about the idea of fully self-driving cars. A British AI startup called Wayve has recently secured over $1 billion in funding from investors like Microsoft and Nvidia to further develop its autonomous driving technology. The company is based in London and specializes in embodied AI technology that allows vehicles to interact with and learn from human behavior in real-world settings.
Wayve’s co-founder and CEO expressed excitement over the progress being made and sees the funding as a validation of their approach. The company believes that its embodied AI technology can address safety concerns with current self-driving systems, which often transfer control back to the human driver too quickly during potential accidents, leaving little time to avoid a collision. Wayve compares its technology to a driving version of GPT (Generative Pre-trained Transformer), an advanced AI model.
Anne Marie D. Lee, an editor for CBS MoneyWatch, covers a variety of topics including personal finance, the workplace, travel, and social media. She highlights the advancements in autonomous driving technology and the ongoing concerns about safety in self-driving cars, pointing to efforts by companies like Wayve to address these issues.