Nvidia considers 500 million dollar investment in UK autonomous vehicle company Wayve

Major Funding Initiative Boosts Autonomous Mobility Technology

Wayve, a leading developer in Embodied AI for autonomous driving, announced it has signed a letter of intent with NVIDIA to evaluate a substantial $500 million strategic investment in its upcoming funding round[1][3]. This proposed investment builds upon NVIDIA’s prior involvement in Wayve’s Series C round, demonstrating deepening confidence in innovative AI-powered mobility solutions.

Strengthening the Partnership: Shared Vision for Autonomous Driving

• The partnership reflects both companies’ ambition to deliver safe, scalable, and production-ready autonomous driving technology globally[1][2].
• Wayve’s foundation model for applying Embodied AI—where the AI system “learns” to navigate real-world environments—is tightly integrated with NVIDIA’s automotive-grade accelerated computing platforms, ensuring automakers have access to the latest in AI and hardware advancements.

Technological Advancements: New Generation Platform

Wayve’s next-generation autonomous driving platform—Wayve Gen 3—will be built on the NVIDIA DRIVE AGX Thor architecture, powered by NVIDIA Blackwell GPUs and running safety-certified NVIDIA DriveOS. This hardware-software synergy, reinforced by the NVIDIA Halos safety system, is expected to propel Wayve’s capabilities toward Level 3 (eyes-off) and Level 4 (driverless) autonomy over both urban and highway domains[1].

Industry Impact

• NVIDIA’s potential investment strengthens its leadership in AI mobility and accelerates Wayve’s commercialization momentum in trucking and automotive partnerships[2].
• This move comes after recent transatlantic tech agreements, signaling closer collaboration across the UK and US to advance autonomous driving innovation[3].

Quote from Leadership

Alex Kendall, CEO and Co-founder of Wayve, stated: “Continued support from a global technology leader like NVIDIA underscores confidence in our AV2.0 approach to building embodied AI and its potential to transform the future of mobility.”[1]

About Wayve

Founded in 2017, Wayve leads the development of mapless and hardware-agnostic Embodied AI products for automakers and fleet operators. Backed by investors including SoftBank Group, NVIDIA, Uber, and Eclipse Ventures, Wayve aims to revolutionize automated mobility solutions. For more information, visit wayve.ai.

Founded in 2017, Wayve leads the development of mapless and hardware-agnostic Embodied AI products for automakers and fleet operators. Backed by investors including SoftBank Group, NVIDIA, Uber, and Eclipse Ventures, Wayve aims to revolutionize automated mobility solutions. For more information, visit wayve.ai. Founded in 2017, Wayve leads the development of mapless and hardware-agnostic Embodied AI products for automakers and fleet operators. Backed by investors including SoftBank Group, NVIDIA, Uber, and Eclipse Ventures, Wayve aims to revolutionize automated mobility solutions. For more information, visit wayve.ai.