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The story behind the story

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UK-based Wayve, which is developing a self-learning system for autonomous driving, raised a $1.05B Series C led by SoftBank, the UK's largest AI fundraise ever

Mike Butcher / TechCrunch :

TechCrunch Mike Butcher

Discussion

  • @niedermeyer.io E.W. Niedermeyer on bluesky
    Wayve is basically the only other company pursuing “camera-only” self-driving, like Tesla (only without the pre-sales fraud).  Worth noting the investors are SoftBank and Yann LeCune (Meta AI guy), and there's no big automotive strategic in this round.  AI nerds love this idea, b…
  • @mhdempsey Michael Dempsey on x
    Wayve & People Companies are merely collections of people and @wayve_ai is a collection of some of the most incredible people in the world solving one of the hardest problems in the world. Having known this company and served on its board since its inception, I've been...
  • @wayve_ai @wayve_ai on x
    We've got some exciting news to share 🚨 We are thrilled to announce that we've raised $1.05bn in our latest fundraising round led by @SoftBank_Group with contributions from @nvidia and @Microsoft. This milestone will propel us in developing and launching our first Embodied AI... …