Microsoft, Nvidia-Backed Wayve Gets $1.5 Billion Funding Boost For Robotaxi Tech Rollout - Baidu (NASDAQ:BIDU), Alphabet (NASDAQ:GOOG)

British robotaxi startup Wayve announced on Wednesday it had raised $1.5 billion in fresh funding to bolster its global operations, pushing the Microsoft and Nvidia-backed company’s valuation to $8.6 billion. The funding round was led by Eclipse, Balderton, and SoftBank’s (OTC:SFTBY) Vision Fund 2, with fresh participation from Ontario Teachers' Pension Plan, Baillie Gifford, British Business Bank, Icehouse Ventures, Schroders Capital, and several other global institutional investors.Founded in 2017, Wayve ...