Skip to main content

Waze signs data-sharing deal with AI-based traffic management startup Waycare

Waze has struck a data-sharing agreement with Waycare, an artificial intelligence-based traffic management startup, the two companies announced today. The deal will allow them to combine anonymized navigation information crowdsourced from the 100 million drivers who use Waze with Waycare’s proprietary traffic analytics.

The collaboration is now active in Nevada, Florida, California and Nevada, with plans to expand over the next year. It is part of Waze’s Connected Citizens Program, which gives cities around the world access to anonymized driver data to help them manage traffic and road infrastructure.

A representative told TechCrunch that data supplied by Waycare to Waze will be incorporated into the app’s usual interface, while data from Waze will be added to Waycare’s platform alongside its other data sets.

[gallery ids="1628899,1628898"]

 

Founded in 2016, Waycare is a cloud-based platform that enables municipalities to gather data from many sources, including on-board devices, navigation apps, sensors and road camera feeds, and analyze them using proprietary deep learning algorithms to figure out how to improve traffic and road conditions. The new partnership means cities that use Waycare will be able to send urgent alerts to drivers through Waze, while giving Waycare a new trove of data.

Like Waze, which was acquired by Google in 2013, Waycare is based in Tel Aviv with operations in the U.S. The startup has raised $2.3 million so far, according to Crunchbase, and currently has projects in Nevada, Florida, Delaware and California.

 



from TechCrunch https://ift.tt/2r1vn0x
via IFTTT

Comments

Popular posts from this blog

Max Q: Psyche(d)

In this issue: SpaceX launches NASA asteroid mission, news from Relativity Space and more. © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/h6Kjrde via IFTTT

Max Q: Anomalous

Hello and welcome back to Max Q! Last week wasn’t the most successful for spaceflight missions. We’ll get into that a bit more below. In this issue: First up, a botched launch from Virgin Orbit… …followed by one from ABL Space Systems News from Rocket Lab, World View and more Virgin Orbit’s botched launch highlights shaky financial future After Virgin Orbit’s launch failure last Monday, during which the mission experienced an  “anomaly” that prevented the rocket from reaching orbit, I went back over the company’s financials — and things aren’t looking good. For Virgin Orbit, this year has likely been completely turned on its head. The company was aiming for three launches this year, but everything will remain grounded until the cause of the anomaly has been identified and resolved. It’s unclear how long that will take, but likely at least three months. Add this delay to Virgin’s dwindling cash reserves and you have a foundation that’s suddenly much shakier than before. ...

What’s Stripe’s deal?

Welcome to  The Interchange ! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up  here  so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. There’s a lot of fintech news out there and it’s my job to stay on top of it — and make sense of it — so you can stay in the know. —  Mary Ann Stripe eyes exit, reportedly tried raising at a lower valuation The big news in fintech this week revolved around payments giant Stripe . On January 26, my Equity Podcast co-host and overall amazingly talented reporter Natasha Mascarenhas and I teamed up to write about how Stripe had set a 12-month deadline for itself to go public, either through a direct listing or by pursuin...