This chapter discusses the contrasting strategies in the autonomous driving industry, highlighting Wave AI's billion-dollar funding for their neural net camera-based technology and analyzing the different approaches taken by companies like Waymo and Wave. The conversation also explores Elon Musk's strategic decisions in response to funding trends and the excitement around AI advancements.
From Elon Musk's decision to fire the entire Supercharging team as part of Tesla's "pivot to self-driving," to recent fundraising rounds by Motional and Wayve, the entire mobility tech space is caught between the hard work of growing up and doubling down on the AI hype fundraising game. Not everyone can be choosing wisely.