Company
UK startup developing AI software for autonomous driving, supplying driver-assist and self-driving systems to automakers and robotaxi operators.
Stellantis CEO Antonio Filosa said the Wayve partnership could cut the cost and the roughly 24-month development time of hands-off driver assistance. The first North American product is due in 2028, about one current cycle away, so any faster schedule has to show up in the Stellantis brands that ship after it.
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Uber and Pony.ai will start testing Pony.ai's Gen-7 robotaxis in London within weeks as part of a push to put 2,000 robotaxis on European roads. TechCrunch reported that the partners have not yet said who will own and operate the London fleet, and that decides who pays for the cars.
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Moneybox ran a 45 million pound secondary share sale aimed at long-serving staff as the average startup's wait to list reached 11 years, up from 6.9 in 2014. Outside buyers fund those payouts, so founders can reward tenure without spending company cash.
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Mercedes-Benz will build Wayve's Level 2 driving software into at least one model due within two years, with the human still driving. The deal gives the startup more reach through carmakers, but its driverless product still has to prove itself in separate robotaxi work.
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The reduction arrives alongside results that largely beat analyst expectations, so the stated reason is structure rather than distress, and the memo leaves behind rules about managers that other operators can count.
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Fares match a standard UberX and there is no tip prompt, so the economics of this launch phase are not about cost per mile. Uber's own survey found more than 100,000 interested Londoners, against 15 licensed cars.
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Sources told the Financial Times that Anthony Levandowski is leading robotaxi work at Travis Kalanick's Atoms, which Uber funded with $100m. Atoms says it is an industrial software company, then leaves Uber a way in.
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Odyssey-3 keeps one visual world model frozen and trains small action decoders on top of it for arms, humanoids, drones, cars and game agents. Driving is the only test it ran in closed loop on public roads.
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Pony.ai and Verne have taken the safety driver out of a 22km route in Zagreb and left the bookings inside Uber. The partners want more than 2,000 cars on European roads, and the union-wide small series path allows 1,500 a year.
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Britain's permit route for cars with nobody in the driver's seat opened on 15 May, and nobody in London has cleared its first stage. So the fastest way to paying passengers was the licence that mandates a human.
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The first autonomous rides in the UK arrive with a licensed driver in every seat and a fare no higher than a normal Uber, and the $8.6 billion valuation is really a bet on the regulatory approval still to come.
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Fewer than 20 Mach-Es at ordinary Uber fares, each with a Transport for London licensed operator aboard, which makes this a strong test of rider demand and dispatch integration and no test at all of driverless cost.
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Fifteen supervised cars joined the Uber app in London on Thursday under a licence that keeps a human in the driving seat until a separate agency, which few expect to move this year, says otherwise.
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Unitree's $66 billion valuation lost nearly half its value in a week, and robot brains still lack the data to justify the hype.
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European startups raised $24bn in Q2 2026, but the concentration underneath the topline turns growth-stage exposure into an access problem and early-stage diversification into a much harder trade.
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