Nvidia, Microsoft back self-driving firm Wayve as it hits $8.6 billion valuation

Autonomous driving company Wayve has hit an $8.6 billion valuation after securing fresh funds from Nvidia, Microsoft and Uber.The $1.2 billion Series D round was led by Eclipse, Balderton and SoftBank Vision Fund 2 and also featured automakers Mercedes-Benz, Nissan and Stellantis.Uber will invest up to an additional $300 million in milestone-based capital."We are building for a total addressable market that spans every vehicle that moves," Alex Kendall, Wayve CEO, said in a statement."This investment accele ...