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SoftBank, Microsoft, Nvidia just invested a record $1 billion in UK-based AI firm Wayve, but why?

Invezz Wednesday, 8 May 2024 ()
A UK-based firm, Wayve, specializing in artificial intelligence (AI) technology for self-driving cars, has raised a groundbreaking $1.05 billion (£840 million) in what marks the largest investment in a European AI company to date. SoftBank, Microsoft and Nvidia back Wayve The funding round, led by investment firm SoftBank, saw significant contributions from Microsoft and Nvidia, […]
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