Nvidia Considers $500 Million Investment in UK Autonomous Driving Startup Wayve

Reported about 4 hours ago

Nvidia has expressed interest in investing $500 million in Wayve, a UK self-driving startup, as part of its next funding round. This move follows a recent technology pact between the UK and US aimed at strengthening AI collaboration. Wayve utilizes machine learning with camera sensors for its autonomous driving systems, diverging from traditional methods that depend on detailed maps. The company, which has previously raised over $1 billion, operates in both Britain and the U.S. and is expanding into markets like Germany and Japan.

Source: YAHOO

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