Latest news with #WayveTechnologies
Bloomberg
a day ago
- Automotive
- Bloomberg
Wayve CEO on London Self-Driving Cars Trial With Uber
Wayve Technologies CEO & Co-Founder Alex Kendall discusses the company's plans to remain "asset light" and adaptable for all car manufacturers. This comes after the startup's announcement earlier this week that they will be partnering with Uber to trial fully autonomous vehicles in London. The two companies have been working together for some time, with Uber owning a strategic investment in the London-based startup. Kendall speaks to Bloomberg's Tom Mackenzie at sidelines of Founders Forum in Oxfordshire, UK. (Source: Bloomberg)
Bloomberg
2 days ago
- Automotive
- Bloomberg
Uber, SoftBank-Backed Wayve Plan Trial of Driverless Cars in UK
Uber Technologies Inc. and self-driving technology firm Wayve Technologies Ltd. plan to run their first trial of fully autonomous vehicles in London, paving the way for the two companies to launch commercial robotaxi services in the UK and beyond. The companies didn't name an auto manufacturer partner, but said in a joint statement Tuesday that they would share details on the global car company and trial time line 'in the coming months.' An accelerated framework announced by the UK government on Tuesday allows for such commercial self-driving pilots to begin in the spring of 2026.
Wall Street Journal
3 days ago
- Automotive
- Wall Street Journal
TNB Tech Minute: Huawei Founder Downplays Impact of U.S. Export Controls - Tech News Briefing
Full Transcript This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Victoria Craig: Here's your TNB Tech Minute for Tuesday, June 10th. I'm Victoria Craig for the Wall Street Journal. The founder of Chinese Telecom equipment maker Huawei, has dismissed worries that the company will be squeezed by U.S. export controls. In an interview with the People's Daily, a government mouthpiece, Huawei's founder said The firm is finding workarounds to improve its chip performance, which are still one generation behind those made by its U.S. peers. He was also upbeat on China's AI industry saying that the country's electric grid capacity is a solid foundation for AI development. You can hear more about how U.S. companies are fighting potential roadblocks to competitiveness with China on data center power in tomorrow's Tech News Briefing podcast right here in this feed. Elsewhere, Uber and self-driving car startup Wayve Technologies are launching trials of fully autonomous vehicles on public roads in London. They chose the British capital because its road layouts and traffic laws are significantly different from U.S. locations where testing has so far been done. There's no targeted date for trials to begin. The U.K.'s Transportation Secretary said the government is fast-tracking pilots of self-driving cars to next spring. Uber and Wayve said the London tests will make it easier to deploy autonomous vehicles across European markets. And finally, the Journal exclusively reports several U.S. government agencies tracked foreign nationals coming and going to Elon Musk's properties in 2022 and 2023 according to people familiar with the matter. An investigation by Homeland Security and the Justice Department focused on people visiting the tech billionaire from Eastern European nations and others who might've been trying to influence him. Until last week, Musk was one of President Trump's closest advisors. The current status of the investigation couldn't be determined. As chief executive of SpaceX, which has worked with national security agencies for years, Musk has top secret security clearance, which gives him access to some national security secrets. For a deeper dive into what's happening in tech, check out Wednesday's Tech News Briefing podcast.
