Self-driving startup Wayve just raised $1 billion from Nvidia, SoftBank, Microsoft and more
Publishing timestamp: 2024-05-07 09:32:05
Summary
British self-driving car startup Wayve raised $1 billion in Series C funding round led by SoftBank, with backing from Nvidia and Microsoft. The company aims to accelerate the growth of its self-driving car technology and develop "embodied AI" for autonomous vehicles. The funding is seen as a major vote of confidence in the firm and the UK's leadership in technological advancements.
Sentiment: POSITIVE
Tickers: NVDA, 9984.T-JP, TSLA, MSFT,
Keywords: softbank group corp, markets, technology, japan, business news, tesla inc, united states, breaking news: markets, microsoft corp, breaking news: technology, nvidia corp,