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People are still investing in driverless vehicles.

Despite numerous setbacks, autonomous vehicle startups are somehow still able to get rich investors to open their wallets to them. Just today, Waabi, the driverless truck startup founded by former chief scientist at Uber’s Advanced Technology Group Raquel Urtasun, announced its Series B funding round, led by Uber and Khosla Ventures, of $200 million. The money will go toward the launch of the company’s “fully driverless, generative AI-powered autonomous trucks” by 2025. Big bucks and an elusive deadline to launch the new tech? What is this, 2017?


Waabi’s driverless truck
Waabi says its on the cusp of reaching Level 4 autonomy.
Image: Waabi