Self-driving car with sensors navigating busy London street with traffic and pedestrians

UK Self-Driving Startup Raises $1.5B to Launch Robotaxis

🀯 Mind Blown

British AI company Wayve just secured one of the UK's largest ever funding rounds to bring self-driving cars to London streets this year. The technology can handle everything from potholes to busy city centers without pre-mapped routes.

Self-driving cars that can navigate pothole-filled roads and chaotic city streets are heading to London this year, thanks to a British startup that just raised $1.5 billion from tech giants Microsoft and Nvidia.

Wayve, founded in 2017, has developed artificial intelligence that learns to drive by processing real-time data from sensors rather than following pre-programmed maps. The London-based company says its technology can handle the unpredictable nature of UK roads, from rural Wales to central London's crowded streets.

"The AI has the intelligence to drive on roads, the same ones as you and I, just drive within the environment that we have today," said Alex Kendall, Wayve's co-founder and CEO. When asked about hazards like potholes, he confidently replied "not at all."

The massive funding round values Wayve at $8.6 billion and positions the company as a rare British tech leader in a field dominated by American and Chinese firms. Wayve will launch robotaxis in London later this year through a partnership with Uber, competing with Google-owned Waymo, which plans a UK launch in September.

UK Self-Driving Startup Raises $1.5B to Launch Robotaxis

Kendall believes training AI to navigate London's complex roads gives Wayve an advantage over competitors who've focused on America's grid-like streets and wide boulevards. The technology adapts to whatever conditions it encounters, learning as it goes rather than relying on detailed maps of every route.

The Ripple Effect

This breakthrough could transform transportation far beyond London. Kendall predicts "all cars will be autonomous in the future," making roads safer and travel more accessible for people who can't drive themselves.

The massive investment signals that autonomous driving technology is reaching commercial maturity, according to legal expert Rachel Harris. If UK regulators can keep pace with the technology, Britain could become a global leader in both autonomous vehicle innovation and regulation.

The technology promises to make transportation more efficient while reducing accidents caused by human error. As self-driving cars learn from millions of miles on varied roads, they could eventually become safer drivers than humans.

A future where anyone can summon a safe, affordable ride without worrying about driver shortages or parking is closer than ever.

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UK Self-Driving Startup Raises $1.5B to Launch Robotaxis - Image 3

Based on reporting by BBC Technology

This story was written by BrightWire based on verified news reports.

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