Volvo Invests In Canadian Autonomous Trucking Company | Carscoops

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Volvo Invests In Canadian Autonomous Trucking Company | Carscoops
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Volvo Invests In Canadian Autonomous Trucking Company | Carscoops carscoops

The Volvo Group’s venture capital arm has invested in Canadian company Waabi Innovation Inc to develop the next generation of autonomous trucking technologies.

While Waabi Innovation Inc is not as well known as many other companies developing autonomous systems, it recently unveiled the Waabi Driver autonomous trucking solution that’s designed for large-scale commercialization and safe deployment. It is using next-generation artificial intelligence technology to solve autonomy at scale and has also developed Waabi World, a scalable high-quality simulator.

The Volvo Group believes that fully autonomous trucking services will help to improve capacity, provide better safety, and improve efficiency across the industry. It will also support drivers on tiresome routes.“Autonomy will one day transform trucking and logistics, but the self-driving industry has not solved this challenge, yet,” founder and chief executive of Waabi, Raquel Urtasun said. “Our AI-first approach is the key to unlocking this reality at scale.

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