Wayve could raise $2 billion in its next funding round with Nvidia in talks to invest $500 million
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Wayve could raise $2 billion in its next funding round with Nvidia in talks to invest $500 million. Wayve, a specialist in embodied AI for autonomous driving, could be in line to raise as much as $2 billion in its next funding round, according to some observers. The company recently announced it has signed a letter of intent with Nvidia to evaluate a $500 million strategic investment in Wayve's next funding round. This investment builds on Nvidia's participation in Wayve's Series C funding round and fuels the company's continued growth. It also reflects the companies' shared vision to bring safe, scalable, and production-ready autonomous driving technology to market. Wayve's foundation model approach, combined with Nvidia's automotive-grade accelerated computing platforms, equips automakers with the advanced AI and hardware needed to deliver next-generation mobility solutions on a global scale. Wayve and Nvidia have collaborated since 2018, with each generation of Wayve's robot platforms accelerated by Nvidia technology. The upcoming Wayve Gen 3 platform will be built on Nvidia Drive AGX Thor. Nvidia Drive AGX Thor is accelerated by Nvidia Blackwell GPU architecture and runs the safety-certified Nvidia DriveOS, leveraging the Nvidia Halos comprehensive safety system. The Wayve Gen 3 platform will push the frontier of embodied AI, advancing the Wayve AI Driver toward...
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