Part 1/14:

The Future of Autonomous Vehicles and Power Dynamics in the Tech Industry

Wave's Rise as a New Competitor

Recently, a new player named Wave has emerged in the race to develop autonomous driving technology, challenging Tesla's Full Self-Driving (FSD) system. Wave announced that they received a significant $400 million investment, along with a letter of intent from Nvidia, signaling strong leadership backing and credibility. While Wave is based in London, its development approach closely mirrors Elon Musk's vision: using vision cameras combined with neural networks, eschewing lidar sensors altogether.