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Uber Technologies, a provider of transport and delivery services, announced on Thursday that it has agreed to make a strategic investment in Wayve, a firm focused on AI technology to provide automated driving vehicles. The investment will serve as an extension to the company’s previously announced Series C fundraising round. “With the additional funding and support from Uber, Wayve intends to accelerate its work with global OEMs to enhance consumer vehicles with Level 2+ advanced driver assistance and Level 3 automated driving capabilities,” Uber said. Wayve is also working on the development …

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