UK's Wayve Secures Record $1.05 Billion for AI-Driven Autonomous Vehicles

The funding round, Europe's largest for an AI startup, is led by SoftBank with Nvidia and Microsoft's backing, underscoring the UK's AI leadership.

Wayve, a UK-based AI startup, secures a record $1.05 billion in funding to advance its autonomous driving technology.
The investment, led by SoftBank and supported by Nvidia and Microsoft, marks the largest AI funding round in Europe.
Wayve's technology enables vehicles to learn and adapt to real-world environments, enhancing safety and decision-making.
The company's approach differs from competitors by focusing on embodied AI, which integrates AI more deeply into vehicle operations.
Prime Minister Rishi Sunak praises the investment as a testament to the UK's leadership in AI, positioning the country as a global AI hub.