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Wayve raises $200 million to accelerate development of ‘next wave of autonomous vehicles’

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Wayve, a UK-based start-up reimagining autonomous mobility through embodied intelligence, announced today its $200 million Series B backed by a prominent group of global financial and strategic investors.

This latest round of funding brings total equity raised to over $258 million since inception and reinforces Wayve’s position as a leader in autonomous driving, pioneering an artificial intelligence led approach to autonomous vehicles on a global scale.

Eclipse Ventures, long-time supporter of Wayve, led the round with participation from new global financial investors. [Read more…] about Wayve raises $200 million to accelerate development of ‘next wave of autonomous vehicles’

Implications are global in new study predicting human exodus in Bangladesh

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Rising sea levels and more powerful cyclonic storms, phenomena driven by the warming of oceans due to climate change, puts at immediate or potential risk an estimated 680 million people living in low-lying coastal zones (a number projected to reach more than one billion by 2050). In nations like Bangladesh these populations are already moving to escape sea-level rise.

In a new study, “Modeling human migration under environmental change: a case study of the effect of sea level rise in Bangladesh,” researchers led by Maurizio Porfiri, an engineer at the Center for Urban Science and Progress (CUSP) at the NYU Tandon School of Engineering, apply data science to predict how the cascading effects of the migration in Bangladesh will ultimately affect 1.3 million people across the country by 2050. The work has implications for coastal populations worldwide.

The new study, co-authors of which include first author Pietro De Lellis, an engineer at the University of Naples Federico II, Italy, and Manuel Ruiz Marin, a mathematician at the Technical University of Cartagena, Spain, presents a mathematical model of human migration that considers not just economic factors but also human behavior – whether people are unwilling or unable to leave and if they later return home. [Read more…] about Implications are global in new study predicting human exodus in Bangladesh

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