Uber takes stake in SoftBank-backed self-driving tech startup Wayve
Uber(UBER) CNBC·2024-08-29 14:29
LONDON — Uber and British artificial intelligence startup Wayve announced a partnership Thursday that will see the two firms collaborate on autonomous driving technology. As part of the deal, Uber is also investing an undisclosed amount into Wayve for a minority stake, the companies said in a statement. The investment is an extension of Wayve's $1 billion Series C funding round announced earlier this year, which was led by Japanese tech investor SoftBank. U.S. chipmaker Nvidia and software giant Microsoft a ...