Uber Technologies, Inc. (UBER), a major provider of transportation and delivery services, announced on Thursday a strategic investment in Wayve, a company specializing in AI technology for automated driving vehicles.This investment will augment Wayve’s ongoing Series C fundraising round.”With the additional funding and support from Uber, Wayve aims to accelerate its collaboration with global original equipment manufacturers (OEMs) to enhance consumer vehicles with Level 2+ advanced driver assistance and Level 3 automated driving capabilities,” stated Uber.Wayve is also focused on developing globally scalable Level 4 autonomous vehicles for future deployment on Uber’s platform.This collaboration will enable Wayve-powered self-driving vehicles to be available within the Uber network.The material has been provided by InstaForex Company – www.instaforex.com
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