Kiwi’s Automated Driving Start-up Raises $1.7 Billion

Wayve, a London-based start-up co-founded by Auckland University grad Alex Kendall, has raised $1.05 billion to develop its AI technology for self-driving cars. The AI uses machine learning to analyze human driving behaviors and make real-time decisions for physical objects. The company has received investments from Softbank, Microsoft, and Nvidia, among others.