In a significant development in the autonomous driving sector, Waabi, a Toronto-based startup led by AI scientist Raquel Urtasun, has secured $200 million in fresh capital to fast-track its plan to launch AI-driven semi-trucks on Texas roads by 2025. With backers like Uber, Khosla Ventures, and Nvidia, this is the company’s biggest funding round to date. Waabi’s innovative generative artificial intelligence platform is designed to assess and respond to road conditions in a more human-like manner, making it a game-changer in the autonomous trucking space. Unlike its competitors, Waabi’s system is less complex and costly, making it more scalable and capital-efficient. With the latest round, Waabi has raised over $280 million, and its approach is gaining traction, with industry leaders like Jensen Huang, founder and CEO of Nvidia, praising Urtasun’s pioneering work in AI.
Waabi Revs Up
Waabi’s robot trucks are to start hauling commercial loads with no human driver at the wheel in Texas in 2025.
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