This Week in Startups

The Self-Driving Unicorn You Need to Meet & MicroStrategy's Bitcoin Bet | E2052

20 snips
Nov 27, 2024
In this discussion, Alex Kendall, the visionary founder and CEO of Wayve, shares insights about his company's groundbreaking approach to self-driving technology. He dives into the debate between LiDAR and camera-first solutions, addressing economic viability and strategies for autonomous vehicles. Kendall also reveals an ambitious timeline for deployment and explores the evolving subscription models for AI-driven cars. Shifting gears, the conversation touches on MicroStrategy's controversial Bitcoin strategy and its implications in the market.
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ANECDOTE

Wayve Adapts to US Driving

  • Wayve's self-driving AI effortlessly adapted to US driving after training in London.
  • It learned right turns on red, four-way stops, and driving on the right side of the road, demonstrating generalization.
INSIGHT

Scalability of Autonomous Driving

  • Waymo's high-cost approach to autonomous vehicles may not be the most scalable.
  • Wayve believes their camera-first solution, using existing consumer vehicle hardware, offers a faster path to market.
INSIGHT

Self-Driving Cars Timeline

  • Alex Kendall predicts $30,000 cars will have self-driving capabilities in the next two to three years.
  • More expensive cars already possess the necessary hardware; mass-market adoption hinges on AI development.
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