Generative AI could power the next wave of self-driving cars

The advancements in artificial intelligence that brought us AI chatbots and image generators are now fueling a fresh approach to self-driving cars.

Why it matters: Autonomous vehicle (AV) development is essentially stuck — it’s still too difficult and expensive to scale up the technology into a profitable business.

By tapping the power of generative AI, some companies see a faster, more capital-efficient way to teach robots to drive…

Driverless truck company Waabi said today it had raised $200 million in an oversubscribed Series B round led by Uber and Khosla Ventures.
That follows a huge deal last month by Wayve, a U.K.-born startup, which raised $1.05 billion in a Series C round led by SoftBank Group.
Nvidia, one of the biggest names in AI, participated in both deals.
Softbank also invested a reported $1 billion last September in Stack AV, an automated trucking company founded by former Argo AI execs.

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