UK-based AI startup Wayve has successfully raised $1.05 billion in a Series C funding round, marking the largest investment ever in a UK AI company and the UK's largest AI fundraise. The round was led by SoftBank, with significant contributions from Nvidia and Microsoft. This funding aims to accelerate the development and deployment of Wayve's autonomous driving technology, which utilizes a self-learning system rather than traditional rule-based systems. Wayve's approach, likened to Tesla's, focuses on 'embodied AI' to enhance the autonomy of vehicles. The investment underscores the growing investor interest in AI-driven autonomous vehicle technologies and positions Wayve to expand its operations and influence in the automotive sector.
Fantastic to visit @wayve_ai today, which has just secured the biggest investment in a UK AI company ever. This is a huge vote of confidence in the UK as an AI superpower, and shows that our plan for the economy is working. https://t.co/v0UliwiTHe
British Microsoft-backed self-driving startup @wayve_ai, cofounded by @alexgkendall, raises $1 billion. https://t.co/KfIRy11CLJ
London-based self-driving car startup @wayve_ai has raised a @SoftBank-led $1.05B round, marking one of the largest funding deals on record for a British startup and signaling continued investor fervor for all things AI. https://t.co/GdjiletWaa
The Guardian @guardian: UK AI startup Wayve wins $1bn funding for self-driving car software - The Guardian. #aistrategy #industry40 #aiact https://t.co/bjt3kPutcb
.@Wayve_ai raises $1.05B in funding to accelerate autonomous vehicles driven by embodied AI https://t.co/qNOMQdQp5f @SiliconANGLE @Mike_Wheatley “We must remember that for all of the fits and starts, we’re still inearly days of autonomous driving…” - @holgermu @constellationr
Exclusive: Wayve co-founder Alex Kendall on the autonomous future for cars and robots - following on the autonomous driving startup's massive $1B raise, @mikebutcher talks to the CEO and cofounder, Alex Kendall: https://t.co/86uYiVvl5P via @techcrunch
Exclusive: Wayve co-founder Alex Kendall on the autonomous future for cars and robots: https://t.co/bZXyFnyzDf by TechCrunch #infosec #cybersecurity #technology #news
Exclusive: Wayve co-founder Alex Kendall on the autonomous future for cars and robots https://t.co/jXGnT2gNFi
Huge raise from @wayve_ai, congrats to @alexgkendall and team! https://t.co/LUq2Sqn202
Another big investment in our automotive sector as UK AI self-driving car company @wayve_ai secure $1bn funding. From Wayve, to BMW building the next generation of Minis in Britain, to JLR's forthcoming battery factory, our plan for advanced manufacturing is working. https://t.co/mXQb6a6k2p
Self-driving startup Wayve Co-Founder and CEO Alex Kendall says Tesla is taking after him when it comes to an end-to-end approach to autonomous driving. "It’s nice for them to join the club," he said. https://t.co/2lC9NPHkuW
‘It’s nice for them to join the club,’ Wayve Co-Founder Alex Kendall says of Tesla pursuing an end-to-end approach to autonomous driving. https://t.co/Xs4oYA94bA
UK autonomous driving AI start-up @wayve_ai has raised more than $1bn in a Series C round led by SoftBank and backed by Nvidia and Microsoft. https://t.co/R7kOVHw3KH
We are backing the UK's brightest minds to build their ideas into successful businesses, & today's @wayve_ai investment news is proof our approach is working Proud that earlier Govt grants of £1.5m for Wayve helped pave the way to this bumper $1bn deal. https://t.co/arZOauIk7R
Wayve, a British driverless car company, has raised over a billion dollars from three of the world’s most influential tech companies to commercialise its products ⬇️ https://t.co/XUM9SNGIkM
UK AI start-up Wayve raises $1bn backed by Nvidia and Microsoft https://t.co/R7kOVHw3KH
Self-driving startup Wayve just raised $1 billion from Nvidia, SoftBank, Microsoft and more https://t.co/2lqb4Lj3xk
UK startup @wayve_ai has raised $1.05 billion (£837m~) in its Series C funding round to accelerate development of the next generation of AI-powered, self-driving vehicles. https://t.co/HesgPEZTtl #Tech | #News | #AI | #AVs
🚨🔥 @wayve_ai has just announced our $1B Series C! This is a huge validation of our team and approach, and is a massive accelerant on our journey to reimagine mobility through embodied AI. 🚀🚀 Our Science team is growing across our London, Mountain View, and Vancouver sites.… https://t.co/f60QoTsCDt
👀ICYMI: we shared some pretty big news overnight… This is a huge milestone in Wayve’s history and with the backing of our new investors @SoftBank_Group, @nvidia and existing @Microsoft we are excited to launch the world’s first Embodied AI products for production vehicles 🌏… https://t.co/butGffS95K
Microsoft, NVIDIA, and Softbank invest $1.05B in autonomous driving company Wayve https://t.co/QjBpBdhRDU https://t.co/3Q6yjF8VsZ
Wayve, a U.K.-born startup developing a Tesla-like self-learning rather than rule-based system for autonomous driving, has closed $1.05 billion in Series C funding led by SoftBank Group. This is the U.K.’s largest AI fundraise ever. https://t.co/pZhc3GaERT
🚀 I am delighted to share this major milestone in @wayve_ai's journey. This backing will allow us to deploy our first Embodied AI products into the world, continue scaling foundation models and advance our Embodied AI research. It’s an exciting time to be at Wayve! https://t.co/mJt5ImDmBX
Joining us on @BloombergRadio shortly: self-driving startup @wayve_ai CEO @alexgkendall after it pulled off the biggest ever funding round for a European AI company. With @stephencrrll and me at 9:20am: https://t.co/KmeduAFwAQ
UK AI startup Wayve wins $1bn funding for self-driving software https://t.co/8UT2ahj31y
Today is a significant milestone for @wayve_ai, as we proudly announce our $1.05 billion Series C from @SoftBank_Group, @Microsoft and @nvidia. Since the start we've held a contrarian belief that end-to-end AI will make autonomy possible. I'm excited about this massive… https://t.co/F8glMJCBwv
British company @Wayve_ai has secured the largest ever investment into a UK AI company. This will enable them to develop and launch the first “embodied AI” technology, to power the next generation of self-driving cars. Find out more: https://t.co/OkbZSAGCyO https://t.co/a5QrArXQUh
An exceptional write up in the @thetimes on @wayve_ai’s technology and the experience of riding in an autonomous vehicle through Kings Cross. Huge congratulations to @alexgkendall and the team on their $1B funding round - the largest ever for an AI company in Europe. Balderton… https://t.co/lAPfummAYw
Financial Times @ft: Wayve, an A.I. Start-Up for Autonomous Driving, Raises $1 Billion - The New York Times. #GenAI #aiact #industry40 https://t.co/z3wLwXTkvk
Wayve, an A.I. Start-Up for Autonomous Driving, Raises $1 Billion - The New York Times https://t.co/muB8Jqd0r9
🤩 ONE BILLION DOLLARS FOR @wayve_ai it’s been inspiring to see @alexgkendall lead wayve from science to startup to category creator and leader in just a few years we met in feb 2017 when wayve was a research paper i’m happy to have helped get them funded and off to the races https://t.co/H2mc7huOuo
Wayve raises $1.05B in funding to accelerate autonomous vehicles driven by embodied AI https://t.co/c5HKVRaDhw
Huge congrats to our customers @Wayve_ai on this exciting announcement👏👏👏 #Robotics #AI https://t.co/h3rLWtlq16
Nvidia, SoftBank Lead Record $1.05B AI Funding for UK's Wayve Read More: https://t.co/QadYNTxo3s
UK-based Wayve, which is developing a self-learning system for autonomous driving, raised a $1.05B Series C led by SoftBank, the UK's largest AI fundraise ever (@mikebutcher / TechCrunch) https://t.co/YmnBfEk3A1 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/PwQVew8qU7
SoftBank leads $1 billion funding for UK self-driving startup Wayve https://t.co/fbKvrDmB74 https://t.co/8MbqwY3kwQ
Wayve is a UK startup with an AI-focused approach to solving autonomy for cars. It's akin to a vehicular version of ChatGPT. https://t.co/Lz4AgKO9eK
Nvidia is investing in Wayve, joining a $1.05 billion funding round for the UK startup that wants to get its autonomous-driving technology into cars https://t.co/ZqrAVPLoTj
Wayve raises $1 billion to take its Tesla-like technology for self-driving to many carmakers: https://t.co/JOA2HKXpX5 by TechCrunch #infosec #cybersecurity #technology #news
*NVIDIA BACKS UK SELF-DRIVING STARTUP WAYVE IN $1 BILLION ROUND
Wayve raises $1 billion to take its Tesla-like technology for self-driving to many carmakers - biggest raise ever for a UK-based AI company, and one of the 20 biggest AI fundraises ever: @mikebutcher has the deets here: https://t.co/L3LytgqB33 via @techcrunch
SoftBank leads $1bn funding for UK artificial intelligence group Wayve https://t.co/iAf9YNfTvd
Wayve raises $1 billion to take its Tesla-like technology for self-driving to many carmakers https://t.co/Y3nYSqjNi1
🌻🌼LeRobot🌼🌻 An open and community-driven effort to make AI robotics accessible to all. 💛 @huggingface 🤗 https://t.co/GjZ2o1ITTp