May 9, 2024, 5:33 p.m. | ODSC - Open Data Science

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Self-Driving Startup Wayve Gets $1B Investment

According to FT, SoftBank is spearheading a more than $1 billion investment into UK-based self-driving car startup Wayve, marking Europe’s largest artificial intelligence funding event to date. The investment round also sees contributions from tech giants Nvidia and Microsoft.

Established in 2017, Wayve has distinguished itself by developing an AI system that enables vehicles to learn from real-world driving, reducing reliance on detailed maps and expensive laser-based sensors. This approach not only …

artificial artificial intelligence billion car data science driving europe event funding intelligence investing investment microsoft nvidia open source self-driving self-driving car softbank startup tech wayve

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