waabi

Waabi and Volvo partner to jointly develop autonomous transportation solutions

February 9, 2025 by Mark Allinson

Waabi, a developer of generative AI for the physical world, has entered a strategic partnership with Volvo Autonomous Solutions for the joint development and deployment of autonomous trucks.

The partnership combines Waabi’s groundbreaking innovation in generative AI with Volvo’s leadership in automation and safety innovation to unleash autonomous trucking and usher in a new era of safer, more efficient, and sustainable freight transportation.

Raquel Urtasun, founder and CEO of Waabi, says: “At Waabi, we believe that vertically integrating next-generation AI technology directly into an OEM’s vehicle production is the path forward to bring safe, robust autonomous vehicles to the road, at scale. [Read more…] about Waabi and Volvo partner to jointly develop autonomous transportation solutions

Waabi raises $200 million to launch fully driverless trucks in 2025

June 20, 2024 by David Edwards

Waabi, a company pioneering generative AI for autonomous trucks, has raised $200 million in an oversubscribed Series B round, led by Uber and Khosla Ventures.

The funding round includes participation from best-in-class strategic investors Nvidia, Volvo Group Venture Capital, Porsche Automobil Holding, Scania Invest and Ingka Investments.

Additional financial investors include HarbourVest Partners, G2 Venture Partners, BDC Capital’s Thrive Venture Fund, Export Development Canada, Radical Ventures, Incharge Capital, and others. [Read more…] about Waabi raises $200 million to launch fully driverless trucks in 2025

Volvo invests in Waabi to strengthen autonomous truck offering

February 6, 2023 by David Edwards

Volvo Group Venture Capital has invested in the Canadian-founded company Waabi Innovation, which developing “next generation” autonomous trucking technology.

The companies says the investment highlights their shared commitment to “redefine the way we move goods and to accelerate the deployment of future transport solutions”.

Martin Witt, president of Volvo Group Venture Capital, says: “The company Waabi is using advanced artificial intelligence technology to test, assess skills, and ultimately teach a virtual driver to maneuver safely and efficiently in a commercial-ready autonomous trucking solution. [Read more…] about Volvo invests in Waabi to strengthen autonomous truck offering

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