Wayve Secures £1.1billion Funding Ahead of London Robotaxi Launch

UK driverless car firm Wayve secures major funds ahead of robotaxi launch

British self-driving car firm Wayve has secured a staggering £1.1billion in fresh funding as it prepares to roll out robotaxis on UK roads. The investment was backed by tech giants including Microsoft, NVIDIA and Uber, as well as major global carmakers Mercedes-Benz, Nissan and Stellantis.Wayve said the funding marks a major shift from research to large-scale commercial deployment of its AI-powered driving technology. The firm explained that it …

Wayve secures £1.1billion funding ahead of London robotaxi launch

What caught your eye? (Neuromorphic processing, London robotaxis, TeenTech)

The choices cover neuromorphic processing that distinguishes human and non-human movement, Wayve raising funds to launch robotaxis in London, and TeenTech being this year’s charity partner for our Women Leaders in Electronics Awards. The post What caught your eye? (Neuromorphic processing, London robotaxis, TeenTech) appeared first on Electronics Weekly.

Wayve Raises $1.2 Billion and Preps London Robotaxi Launch

Wayve, a United Kingdom-based self-driving vehicle startup, is now valued at $8.6 billion, according to a Wednesday (Feb. 25) press release. The company concluded a $1.2 billion Series D funding round, with investors that included Microsoft, Nvidia and Uber, as well as carmakers Mercedes-Benz, Nissan and Stellantis, the release said. The funding will help fuel Wayve’s shift from artificial intelligence research to scaled commercial dep…