UBER - Nvidia Joins $1.05B Wayve Funding Advances Automated Driving | Benzinga
U.S. chipmaker Nvidia Corp. (NASDAQ:NVDA) has joined as a new investor in a $1.05 billion funding round for Wayve Technologies Ltd., a U.K. startup focused on advancing autonomous-driving technology.
The investment round, led by SoftBank Group Corp. (OTC:SFTBY) and including contributions from existing investor Microsoft Corp. (NASDAQ:MSFT), highlights the ongoing interest in AI and bolsters the self-driving car sector, which has faced regulatory challenges.
Wayve aims to integrate its embodied intelligence technology into vehicles of various carmakers and fleet operators rather than owning or operating the cars directly, according to a report from Bloomberg.
Embodied AI ...