Episode 185 | AV 2.0, Wayve's Approach to Autonomous Driving

Alex Kendall, Co-Founder & CEO, Wayve joined Grayson Brulte on The Road to Autonomy podcast to discuss Wayve’s AV 2.0 approach to autonomous driving.The conversation begins with Alex discussing the founding of Wayve and how their autonomous driving stack has evolved.Yes, we started with cameras, but a common misconception is that we think camera only is the way to go. Actually I think the sensing stack you need to use should be based on safety, scalability and economics. – Alex KendallWayve’s approach to autonomous driving has attracted world class investors such as Microsoft. Last year, Microsoft co-founder Bill Gates visited Wayve and took a ride in their autonomous vehicle through the central London and Soho on an unmapped, un-planned route. The whole thesis behind our approach is to build a system that can learn behavior. – Alex KendallThis approach is called AV 2.0. It is being developed with end-to-end neural networks that are economically scalable. Does this approach end up being the most common approach to solving autonomous driving? Tesla is taking a similar approach with the introduce of FSD 12.0. Could Wayve and Tesla usher in a future with end-to-end neural net autonomous vehicles?As Wayve begins to commercialize their autonomous driving technology, they are first deploying their software as a driving assistance system with OEMs.We don’t need to change any hardware, add-on or retro-fit anything. We can work with production vehicles today and have the neural network deployed. The advantage of this is that we can start to give consumers exposure to embodied AI, rather than dropping in an L4 solution from day zero. We give them an exposure to a companion co-pilot driver assistance system and it can learn overtime quickly developing to a point where it can become L4 and autonomous. – Alex KendallThe advantages of this approach is that it allows Wayve to generate revenue today, gather more data to train the neural nets all while building public trust. The more data, the better the neural nets and there is also the opportunity to license data to other autonomous vehicle developers. It’s a strategic approach with lots of options as Wayve has chosen to partner with OEMs and not build their own vehicle. Wrapping up the conversation, Alex share his thoughts on embodied AI and the future of Wayve.Episode Chapters0:08 Founding of Wayve 5:34 Bill Gates Goes For a Ride6:35 AV 2.019:22 Wayve Commercialization Model24:22 Testing Autonomous Vehicles in London26:02 Data as an Asset Class29:51 Partnership Approach30:59 Future of WayveRecorded on Friday, March 8, 2024--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and analysis on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor’s Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy podcast and This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.