Latest news with #AutonomousVehiclesAct


CNBC
3 hours ago
- Automotive
- CNBC
Nvidia CEO says this is the decade of robotics and autonomous vehicles
Autonomous vehicles and robotics are going to take off in a big way in the years ahead, according to Nvidia CEO Jensen Huang. "This is going to be the decade of AV [autonomous vehicles], robotics, autonomous machines," Huang told CNBC's Arjun Kharpal Thursday at the Viva Tech conference in Paris. Nvidia plays a significant role in the rollout of driverless vehicles as the U.S. chipmaking giant sells both hardware and software solutions for AVs. Self-driving cars are being spotted more frequently in the U.S., where Google-owned Waymo is operating robotaxi services in parts of San Francisco, Phoenix, and Los Angeles. Meanwhile, a number of Chinese companies including Baidu and are also running their own respective robotaxi fleets. Europe, on the other hand, is yet to see significant AV adoption — primarily because the regulations are not yet clear enough for self-driving technology companies to get their services off the ground. However, the technology is beginning to gain more traction. In the U.K., legislation called the Autonomous Vehicles Act has been passed into law, paving the way for self-driving vehicles to arrive on roads by 2026. Uber on Tuesday announced a partnership with British self-driving car technology firm Wayve to launch trials of fully autonomous rides in the U.K., starting in spring 2026.
Yahoo
2 days ago
- Automotive
- Yahoo
Uber (UBER) to Test Fully Driverless Rides in the UK With Wayve
Uber (UBER, Financials) is getting ready to take the driver out of the driver's seatliterally. Warning! GuruFocus has detected 6 Warning Sign with UBER. The ride-hailing giant said Tuesday it will launch its first driverless pilot in the UK through a partnership with Wayve, a London-based startup building AI software for self-driving cars. The trials, expected to begin in London, will use Wayve's AI Driver to power cars that operate without human intervention. Uber said the UK's new accelerated framework for self-driving pilots made the move possible. This is a defining moment, said Wayve CEO Alex Kendall. We're putting AI Driver into real service. Uber COO Andrew MacDonald said the pilot pushes the company closer to making autonomy a reliable option for riders everywhere. The companies are coordinating with the UK's Department for Transport and Transport for London to secure the green light. The UK's Autonomous Vehicles Act, passed last year, aims to get self-driving cars on the road by 2026. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


CNBC
2 days ago
- Automotive
- CNBC
Uber taps AI firm Wayve to pilot fully driverless rides in the UK
Uber on Tuesday announced it's partnered with self-driving car technology firm Wayve to launch trials of fully autonomous rides in the U.K. The ride-hailing app said the pilot would be the first of its kind for the company, as it allow users to take Uber rides without a safety driver present — a standard of autonomous driving described by the industry as "Level 4." Self-driving vehicles have become a common sight in San Francisco, where Google's autonomous driving venture Waymo offers a commercial ride-hailing service with its driverless cars. However, other global players are racing to roll out so-called "robotaxi" services of their own. Andrew MacDonald, president and chief operating officer of Uber, said the partnership with Wayve would move the company a step closer toward its vision "to make autonomy a safe and reliable option for riders everywhere." "This is a defining moment for UK autonomy," Wayve CEO and co-founder Alex Kendall said in a statement. "With Uber and a global OEM partner, we're preparing to put our AI Driver technology into real service on the streets of London." Uber said it was able to launch the pilot in the U.K. thanks to an "accelerated framework" for self-driving commercial pilots that's being introduced by the U.K.'s Department of Transport. Uber and Wayve said they would work closely with the government and Transport for London — which is the main authority overseeing transport in the U.K. capital — on regulatory approvals and permissions prior to launching the trials. Backed by SoftBank, Wayve is a London-based startup that develops software to enable self-driving vehicles. Its platform uses artificial intelligence to allow cars to assess their surroundings and it's designed to be applicable in any environment. Last year, the U.K. passed its Autonomous Vehicles Act into law, which the government at the time said would pave the way for self-driving vehicles to arrive on British roads by 2026.