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Waabi, a company pioneering generative AI for the physical world, has secured $200 million in funding for its Series B round, led by Uber and Khosla Ventures. The investment includes participation from strategic investors such as NVIDIA, Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest, and Ingka Investments, among others. This funding will support Waabi's deployment of fully driverless, generative AI-powered autonomous trucks in 2025.
Waabi's innovative approach to unleashing generative AI in the physical world has enabled the company to achieve Level 4 autonomy within just three years of its inception. The company's end-to-end AI system, coupled with Waabi World, a cutting-edge simulator, reduces the need for extensive on-road testing and ensures a safer and more efficient solution. With support from industry pioneers like NVIDIA, Uber, and Khosla Ventures, Waabi is poised to transform the autonomous trucking industry.
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