Despite recent advancements in technology, many drivers remain skeptical about the idea of fully self-driving cars. To further develop its autonomous driving technology, a British AI startup called Wayve secured over $1 billion in funding from investors such as Microsoft and Nvidia. Based in London and specializing in embodied AI technology, Wayve’s technology allows vehicles to interact with and learn from human behavior in real-world settings, with the goal of improving usability and safety in autonomous driving systems.
Despite the excitement surrounding self-driving cars as the future of the automotive industry, concerns about safety persist. Current self-driving systems have a flaw where they transfer control back to the human driver too quickly during potential accidents, leaving little time to avoid a collision. Wayve and its investors believe that their embodied AI technology can address this safety issue, likening it to a driving version of GPT (Generative Pre-trained Transformer), an advanced AI model. The company’s co-founder and CEO expressed excitement over the progress being made and sees the funding as a validation of their approach.
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.