Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Jaden Schaefer

πŸ‘€ Speaker
6788 total appearances

Appearances Over Time

Podcast Appearances

AI in Business
Waabi Raises $1B from Uber and VCs

She works there.

AI in Business
Waabi Raises $1B from Uber and VCs

She starts her own company.

AI in Business
Waabi Raises $1B from Uber and VCs

And Uber signs a deal with her and gives her $250 million.

AI in Business
Waabi Raises $1B from Uber and VCs

So, I mean, obviously, this is a problem that Uber's been trying to solve for a long time.

AI in Business
Waabi Raises $1B from Uber and VCs

They probably felt like they couldn't do it.

AI in Business
Waabi Raises $1B from Uber and VCs

And then when someone else did, they were willing to give them a big check.

AI in Business
Waabi Raises $1B from Uber and VCs

So Wabi is now joining a whole bunch of different companies that are doing this and also other ones that are deploying on Uber's platform.

AI in Business
Waabi Raises $1B from Uber and VCs

So Waymo, Neuro, Avride, Wave, WeRide, Momenta, all of these are getting onto the Uber platform.

AI in Business
Waabi Raises $1B from Uber and VCs

And and so they're kind of coming alongside them.

AI in Business
Waabi Raises $1B from Uber and VCs

The deal also is coming at the same time that Uber has launched this new internal group called Uber AV Labs, which is going to let Uber vehicles collect real world data for all of their autonomous partners.

AI in Business
Waabi Raises $1B from Uber and VCs

So all of these companies that are on the platform also are going to get more data to help train their models to make them better.

AI in Business
Waabi Raises $1B from Uber and VCs

And it's kind of interesting because Tesla a lot of times kind of talks about how, look, we have like millions of vehicles on the road and this is what's making our AI, you know, autonomous driving system so good, which is true.

AI in Business
Waabi Raises $1B from Uber and VCs

But it's not like other people can't replicate that because if you have this whole network over on Uber, now Waymo, Nervo, Avaride, you know, WeRide, Momenta, all of these are also going to be getting data and collecting and sharing and making all of these autonomous riding better as well.

AI in Business
Waabi Raises $1B from Uber and VCs

So you're going to see kind of everyone else share their data.

AI in Business
Waabi Raises $1B from Uber and VCs

Tesla seems to be the one that has that.

AI in Business
Waabi Raises $1B from Uber and VCs

the most of it.

AI in Business
Waabi Raises $1B from Uber and VCs

And so it's going to be interesting to see which of these two models win.

AI in Business
Waabi Raises $1B from Uber and VCs

Unlike a lot of different AV development that is going to rely on a whole bunch of kind of real world data sets, a really massive real world data set.

AI in Business
Waabi Raises $1B from Uber and VCs

Wabi says that their system is less data hungry.

AI in Business
Waabi Raises $1B from Uber and VCs

And the way they've done this is actually really fascinating to me.