“Wayve Technologies Ltd., the self-driving startup that raised more than $1 billion last year from investors including SoftBank Group Corp., said it’s nearing a commercial debut with major automakers.

The London-based company will launch its driver-assistance system with global automakers in the US and Germany ‘in the near term,’ Chief Executive Officer Alex Kendall said in an interview. He declined to provide a timeline or name any of the carmakers.

Wayve on Monday also published new data claiming its artificial intelligence-powered software can adapt to US driving behaviors faster and at a lower cost than existing approaches.”

From Bloomberg.