Waabi raises $1B and expands into robotaxis with Uber
9 days ago
- #Uber Partnership
- #AI Technology
- #Autonomous Vehicles
- Waabi raised $1 billion, including a $750M Series C and $250M from Uber.
- Partnership with Uber to deploy 25,000+ Waabi Driver-powered robotaxis.
- Waabi's AI technology aims to scale across multiple self-driving verticals.
- Uber AV Labs will collect data for AV partners, including Waabi.
- Waabi uses a simulator, Waabi World, to train and test its autonomous system.
- Waabi's approach is capital-efficient, requiring fewer resources than competitors.
- Total funding now $1.28B; competitors like Aurora have raised more.
- Commercial pilots ongoing; driverless truck rollout delayed to next few quarters.
- Waabi partners with Volvo for purpose-built autonomous trucks.
- Urtasun emphasizes safety and scalability through vertical integration.