Tag: Nvidia

Uber and Autobrains partner to develop robotaxi programme in Munich

Uber has made its autonomous directive clear in recent months following the announcement of several autonomous vehicle partnerships, including a $1.25 billion robotaxi collaboration with Rivian Motors.

The major ride-hailing platform’s latest autonomous team-up is with Israeli AI company Autobrains Technologies. Through a strategic collaboration, the two companies hope to strengthen Uber’s foothold in the European autonomous vehicle market, with plans to launch an autonomous pilot programme in the German city of Munich.

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Hyundai and Kia deepen strategic partnership with leading chipmaker NVIDIA

On Tuesday, Hyundai Motor Group announced it is accelerating its advancements in the autonomous mobility space by deepening its collaboration with world-leading chipmaker NVIDIA. This partnership represents a wider shift in the industry, as automakers are increasingly turning to the tech world to accelerate the development of autonomous and software-defined vehicles through partnerships with chipmakers, AI firms, and software companies.

Hyundai Motor Group, made up of Hyundai Motor and Kia, has positioned this strengthened partnership as a means to drive forward progress on its Level 4 all-electric robotaxis through its joint self-driving venture, Motional.

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Wayve secures $1.2 billion in investment to scale “generalisable” self-driving tech

Autonomous driving company Wayve, founded in 2017, has officially raised $1.2 billion in funding following a successful Series D investment round. This new development accelerates Wayve’s post-money valuation to $8.6 billion, making it one of the UK’s most valuable AI startups.

The investment round was backed by investors including Microsoft, world-leading chipmaker Nvidia, ride-hail provider Uber, and automakers including Nissan, Mercedes-Benz, and Stellantis.

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