Tech
Wayve’s self-driving tech is headed to US cars made by Stellantis
Stellantis, the automaker behind the Jeep and Ram brands, has tapped self-driving startup Wayve to bring hands-free driving to its vehicles in 2028.
The companies announced the deal Thursday during Stellantis’ investor day at its North American headquarters in Michigan.
This is the second automaker deal for the buzzy U.K.-based startup and comes on the heels of a $1.2 billion Series D funding round that attracted deep-pocketed strategic investors, including Nissan and Stellantis, and returning backers Microsoft, Nvidia, and Uber.
Wayve didn’t disclose the contractual value of the partnership or provide details on which Stellantis vehicles will get the self-driving software “brains” developed by Wayve, but according to Wayve CEO Alex Kendall, this is a commercial contract to supply Stellantis with tech at scale. The companies are targeting the North American market first, which helps narrow the field of Stellantis’ 14 brands, which also include Chrysler and Dodge.
“One of the amazing things about Stellantis is the global, massive scale they operate at, and the diversity of products they offer,” Kendall told TechCrunch describing the opportunity for his startup. “It’s one of the reasons why it’s such a good match because our AI is so adaptable; we can generalize to the variety of products that they offer, and means that because of the diversity of sizes, shapes of vehicles, different driving styles, different geographies they run in our AI is built to scale across them all.”
By 2028, there could be more vehicles to choose from. Stellantis announced Thursday that it plans to expand its market coverage in North America by launching 11 new vehicles by 2030 as part of its $70 billion turnaround plan.
Seven of those vehicles will be priced under $40,000, and two under $30,000, Stellantis said.
It’s not clear if Wayve’s tech will show up in those lower-cost cars and SUVs. Although, if one took Wayve’s efficiency pitch to heart, it might seem plausible.
Wayve has developed a self-driving system that isn’t tied to particular sensors, chips, or high-definition maps, which cost-sensitive automakers like Nissan — and now Stellantis — have found appealing. Instead, Wayve’s software uses an end-to-end neural network that only uses data — captured from whatever sensors are on the vehicle — to direct and teach the vehicle how to drive. Wayve’s software can also run on whatever chip its OEM (original equipment manufacturer) partners already have in their vehicles.
Wayve’s technology supports two products that the company is marketing to automakers and tech companies — a hands-off assisted driving system that’s comparable to Tesla Full Self-Driving (Supervised) and eventually a driverless system designed for robotaxis or even passenger vehicles.
Stellantis will use the hands-off, eyes-on system, a prototype of which was developed for the automaker in just two months, Kendall said. He noted that within a couple of weeks engineers had the vehicle — using the AI-based system — up and driving.
“I think that what we’ve been able to show is that we’ve been able to build a version of FSD that’s built on an AI model that is truly set up to generalize,” Kendall said when asked about how Wayve compares to Tesla’s system. “It’s capable of generalizing across different compute stacks, different sensors, different vehicles, shapes, and sizes.”
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Tech
Planned Amazon data center could become the biggest climate polluter in the U.S.
As part of a planned data center in Pecos County, Texas, Amazon is investing in an on-site power plant that could become the largest source of climate pollution in the United States, according to The New York Times.
The NYT says the plant would burn natural gas and is permitted to release 33 million tons of carbon dioxide per year — more than any other power plant in the U.S.
In a statement, an Amazon spokesperson confirmed that the data center will “be powered by new on-site generation that won’t raise electricity costs for Texas families.” (Data centers face growing political opposition for a number of reasons, including their effect on electricity costs.)
AI has already had a significant impact on Amazon’s carbon emissions, which it reported were up 16% last year — the wrong direction for a company that pledged to eliminate its carbon emissions by 2040. And that could get worse as Amazon and tech companies back the development of huge natural gas plants to support their power-hungry data centers.
The Amazon spokesperson said, “The world looks different now than when we co-founded the climate pledge,” while also claiming, “Our commitment hasn’t changed.”
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Tech
OpenAI acquires presentation startup NextSlide
NextSlide recently announced that it’s joining OpenAI, with the presentation startup’s team members now working on ChatGPT.
The NextSlide website currently displays a note from founder Ahmed Beshry describing the startup’s product as one “that could turn prompts, notes, documents, or research into a polished, editable presentation.”
The ultimate goal, Beshry said, was “to make visual communication more accessible and help more people express their ideas clearly.” So by joining OpenAI, the team will “continue pursuing that same mission: building AI products that help people create, communicate, and turn their ideas into meaningful work.”
The financial terms of the deal were not disclosed. In a note on LinkedIn, Beshry said the announcement is coming “a few months late,” as the acquisition took place “earlier this year.”
Beshry was previously a co-founder at Caper AI, a smart cart/cashier-less checkout startup acquired by Instacart in 2021.
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Tech
X replaces ‘misaligned’ revenue sharing program with Original Content Rewards
X, the social media platform now owned by Elon Musk’s SpaceX, is shaking up how it pays influencers and creators.
In announcing the change, the company said it will be winding down its existing Revenue Sharing program and replacing it with something called Original Content Rewards. X will stop accepting new Revenue Sharing participants, while existing participants will continue earning money through September 7.
Then, starting on September 8, they’ll be able to apply for the new program. Participants will still need to subscribe to one of X’s Premium tiers, and there will be qualifying thresholds for follower count (500 verified followers) and impressions (500,000 Home Timeline impressions from verified users in 90 days), but it sounds like the big change is the emphasis on originality.
What counts as original content? X said it can include original reporting and analysis, photos and videos created by the poster, or memes and graphics they’ve designed themselves. Commentary also counts, but “if your content regularly incorporates material created by others, you’ll need to contribute meaningful original value for it to qualify under our original content guidelines.”
The company also included examples of posts that won’t count as original, such as those just copied over from another account, downloaded from one account and re-uploaded to your own, or reposting content “without meaningful transformation.”
This announcement follows repeated attempts by X to reform the Revenue Sharing program, for example reducing payments to aggregators and “clickbait” accounts in April. But these efforts have also prompted complaints from popular accounts profiting from the current system; Musk even reversed some of those changes (giving a creator’s local audience more weight when calculating payouts) after a backlash.
In a post about the new changes, X’s Allegra Jacchia wrote that the existing program “had reached a point where its incentives were misaligned.”
“Creators should be focused on bringing net new content to the platform instead of maximizing payouts,” she said. “We could have kept adding more rules and exceptions, but ultimately the better decision was to start fresh and build a program designed from day one to reward originality.”
Jacchia added that X be “continue refining the program, improving our models, and raising the bar over time.”
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