A START-UP, co-founded by a British Indian, aims to deploy driverless vans this year to deliver food from two of the UK’s best-known retailers.
Wayve has plans to run the service in London under tests with Ocado and Asda with which the autonomous vehicle firm has signed deals.
It has recently raised £147m to scale up its technology to use artificial intelligence in logistics.
The start-up which counts Virgin Group founder Sir Richard Branson, Eclipse Ventures and Balderton Capital among its investors, has so far received the backing worth £190.28m.
It had announced its partnership and a $14m (£10.33m) investment from Ocado Group in October last year.
“Wayve’s technology will be used in an autonomous delivery trial in London commencing in 2022. Wayve is also working with one other big UK grocer, Asda,” it had said.
With a fleet of autonomous Jaguar I-Pace vehicles, Wayve plans to expand beyond London as it has tested its technology in five other cities in the UK.
Artificial intelligence expert Amar Shah founded the company alongside Alex Kendall in London in 2017. Shah led the firm as its CEO till 2020.
Wayve is in the same space as Google spin-off Waymo. But the key difference is that Waymo is dependent on “lidar” sensors and detailed mapping while Wayve’s technology relies on cameras.
“The approaches today, mostly by the trillion-dollar technology organisations you see in North America, revolve around an approach that is based on high definition maps, hand-coded rules, and complex sensor systems that tell the car how to drive," Kendall told The Times.
“We've put together a system that learns how to drive with data. [It] can generalise to a new city it’s never seen before. That was a real eye-opening moment and an industry first.”
Wayve has bigger plans for the future - it wants to use its technology in passenger vehicles.
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Shein and Temu questioned over labour practices
Jan 03, 2025
FAST-FASHION online retailer Shein, which is hoping to list in London, faces a UK hearing on Jan. 7 where a British parliamentary committee plans to question the firm, founded in China in 2008, about the rights of workers in its supply chain.
The cross-party Business and Trade Committee will also question Temu, the global online marketplace owned by Chinese e-commerce firm PDD Holdings, as part of an inquiry into employment rights opened in October.
The committee, chaired by former Labour minister Liam Byrne, is examining the government's flagship employment rights bill in the context of protections for British workers. But it is also looking at how to ensure adequate protection against importing poor labour standards, including concerns over forced labour.
Shein's general counsel for Europe, Middle East and Africa (EMEA), Yinan Zhu, has been called to be a witness, an update on the committee website showed.
Stephen Heary, senior legal counsel at Temu, and Leonard Klenner, senior compliance manager at Temu, have also been asked to give evidence.
Shein declined to comment on the hearing. Temu was not immediately available for comment.
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Shein has previously said it is committed to respecting human rights and has a zero-tolerance policy on forced labour. Temu has also said it strictly prohibits forced labour.
Shein was founded in China but is now headquartered in Singapore.
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Margaret Beels, director of labour market enforcement at the Department for Business and Trade, was also asked to speak at the hearing, along with Independent Anti-Slavery Commissioner Eleanor Lyons, who last year raised concerns about Shein's London IPO.
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(Reuters)
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Air India crew strolled the busy sidewalks of Times Square
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