Self-driving startup Wayve just raised $1 billion from Nvidia, SoftBank, Microsoft and more
CNBC - 2024-05-07T10:18:37.000Z

Wayve, the British self-driving car startup, said on Tuesday that it had raised $1.05 billion in an investment led by Japan's SoftBank.

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SoftBank leads $1 billion funding for UK self-driving startup Wayve
British self-driving technology startup Wayve said on Tuesday it has raised $1.05 billion in a funding round led by SoftBank Group to accelerate the development and launch in production-model vehicles of its Embodied AI technology that can learn from and adapt to human behavior. Nvidia also contributed in the Series C funding round as a new investor, as did existing investor Microsoft. The latest funding brings Wayve's total funds raised to just over $1.3 billion and marks the largest...
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- 2024-05-07T03:40:00.000Z
Hyundai is spending close to $1 billion to keep self-driving startup Motional alive
Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while providing the self-driving startup with the necessary capital to keep operating. The Korean automaker invested $475 million directly into Motional as part of a broader deal that includes buying out joint venture partner Aptiv. […] © 2024 TechCrunch. All rights reserved. For personal use only.
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- 2024-05-02T16:48:34.000Z
Wayve: Nvidia and Microsoft invest as UK AI firm raises $1bn
The funding being given to Wayve represents the biggest ever investment in a European AI firm.
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- 2024-05-07T13:51:15.000Z