背后站着豪华股东天团，投后估值接近600亿元。 作者 | 聂梦颖 编辑 | 志豪 车东西2月26日消息，日前，英国无人出租车公司Wayve宣布完成12亿美元（约合人民币83.19亿元）的D轮融资，公司估值达到86亿美元（约 合人民币596.16亿元）。 ▲Wayve宣布完成D轮融资 Uber则追加了最高3亿美元（约合人民币20.80亿元）的对赌投资，使此次总融资额达到了15亿美元（约合人民币103.98亿元）。 Wayve的无人出租车将于今年在伦敦投入试运营，伦敦成为其落地首选，得益于当地政策环境的开放。 ▲Wayve官宣融资额 本轮融资最引人注目的是多家科技巨头参与投资，其中包括微软、英伟达，同时梅赛德斯-奔驰、日产和Stellantis等车企也参与了本次投资。 按照计划，Wayve的无人出租车将于今年在伦敦率先投入试运营，消费者可以通过Uber体验Wayve的无人出租车。 这笔巨额融资不仅为Wayve"端到端AI"技术路线提供了资金支持，也意味着随着政策环境逐步放宽，伦敦正成为全球无人出租车公司竞相开展 商业化测试的热点地区。 01. 巨额资本纷纷入局 伦敦试运营即将开启 具体来看，Wayve本次完成D轮 ...

Core Insights - The article discusses the evolution and globalization of China's ride-hailing industry, highlighting key players like Didi and Cao Cao Mobility, and their strategies for international expansion [1][4][8]. Group 1: Ride-Hailing Platforms - Didi has been expanding internationally since 2015, initially through capital investments in platforms like Grab and later acquiring local companies such as 99 in Brazil, marking a shift from mere investment to deep market penetration [4][5]. - As of now, Didi has 55 million active users and 1.5 million drivers in Brazil, covering over 3,300 towns, and has extended its reach to 14 countries across Latin America, Asia-Pacific, and Africa [5]. - Didi's international business saw over 20% growth in Q3 2025, with order volume increasing by 24.3% year-on-year to 1.162 billion orders, indicating its significant global presence [6][5]. - Cao Cao Mobility, backed by Geely, has also made strides in international markets, achieving a total transaction volume (GTV) of 17 billion yuan in 2024, with a market share of 5.4% [6][7]. Group 2: Autonomous Driving - The autonomous driving sector is a critical extension of the ride-hailing industry, with companies like WeRide and Pony.ai aggressively pursuing global expansion [9][10]. - WeRide received approval to operate a fully autonomous Robotaxi service in Abu Dhabi, marking a significant milestone as the first city-level L4 autonomous driving commercial license outside the U.S. [10]. - Pony.ai has also made progress in the Middle East, conducting successful Robotaxi road tests in Qatar and obtaining testing permits in Dubai [10][11]. - Baidu's Apollo Go has initiated public autonomous driving services in Abu Dhabi and is exploring partnerships in Europe to navigate regulatory challenges [11]. Group 3: New Entrants - New players like Hello Bike are emerging in the market, leveraging support from Ant Group to expand their business model beyond bike-sharing to include four-wheeled transport and local services [14][15]. - The ride-hailing industry in China is projected to grow significantly, with the market size expected to reach 10 trillion yuan by 2029 [13]. - The article notes that the demand for mobility solutions is driving innovation and competition, with various companies exploring new technologies and business models [13][16]. Group 4: Industry Trends - The article emphasizes the importance of digital mapping and location services in the ride-hailing industry, as companies adapt to new technologies that reduce reliance on high-precision maps [15]. - The rise of eVTOL (electric vertical takeoff and landing) vehicles is highlighted, with companies like XPeng and Tsinghua Technology securing significant orders for eVTOL aircraft [15][16]. - The overall narrative suggests a burgeoning global landscape for the ride-hailing and mobility sectors, with Chinese companies poised to play a significant role in shaping the future of transportation [17].

来源：未尽研究 作者：未尽研究 这些危机叙事显得逼真，是因为它们并非从未来倒推，而是从当下延伸。现实已经出现了若干可被拼接的信号。 "软件只是开场"正在变成一种共识。近期，Anthropic突破白领工业革命的积极尝试，让市场相信，那些支撑美国经济的高价值知识工作，不再被视为自动 化的例外，正在接近系统性替代的拐点。 进入2026年，进入马年，市场正弥漫着一种诡异的、前所未有的气氛。 资本市场正在提前交易一场尚未真正到来的结构变化。从"一件大事正在发生"，到"2028年全球AI危机"，美国股市越来越容易被这些宏大叙事所牵引。华尔 街怀疑，AI能力的自我递归提升，会先于制度与市场的调节能力，同时制造一次宏观经济的自我递归式的恶化。 昨晚，独立研究机构Citrini用一篇假设写于2028年6月的备忘录，讲述了这样相互嵌套的递归链条。当晚，美国再次崩盘，道指下跌800点，不仅包括前阵子 就深跌的SaaS股与网络安全股，这次还包括黑石（Blackstone）、万事达（Mastercard）这样的金融大蓝筹。 Citrini并带来没有太多新鲜的观点，很多都是ChatGPT刚出现时，经济学家就已经提出的担忧，以及一些AI大 ...

Group 1: NVIDIA and Market Expectations - NVIDIA's earnings are highly anticipated, with expectations of a 5% swing in stock price due to data center performance [2][12] - The company is projected to have a $500 billion pipeline by 2026, with investor focus on demand signals extending into 2027 [4] - Current margins for NVIDIA are at 75%, with concerns about supply constraints affecting delivery capabilities [5][7] Group 2: AI and Investment Sentiment - There is a growing concern that a breakdown in AI trade could undermine major growth engines for equities [8] - Investor confidence in AI-related companies like NVIDIA and Meta is wavering, leading to a contradictory market sentiment [9][11] - Despite fears, there are opportunities emerging in AI and disruptive industries, suggesting a potential for long-term investment [11][13] Group 3: Earnings Season Insights - The overall earnings season has shown strong revenue growth, particularly among technology companies and hyperscalers [14][15] - Companies are increasing spending estimates for 2026, indicating that AI investments are continuing despite market jitters [15] - Salesforce and Snowflake are facing scrutiny regarding their ability to generate new revenue from AI products amid a slowdown in core business growth [53][54] Group 4: Anthropic and Government Relations - Anthropic is facing pressure from the Pentagon to comply with government terms regarding AI technology usage, amid a competitive landscape with companies like OpenAI and Google [28][30] - The company has set conditions against mass surveillance and fully autonomous weapon use, highlighting the tension between safety standards and competitive pressures [31][33] Group 5: Circle and Stablecoin Growth - Circle reported a 72% year-on-year growth in USDC, with transaction volumes reaching nearly $12 trillion, up 250% year-on-year [38][39] - The company is diversifying its offerings and building operating systems for a new economic framework centered around stablecoins [40][41] Group 6: Paramount and Warner Bros. Negotiations - Paramount's new offer for Warner Bros. has met the threshold for further negotiations, with both companies preparing to release earnings [44][46] - The deal dynamics are influenced by regulatory hurdles and the changing landscape of cable television [48][50]

Google is moving further into physical AI by bringing a familiar robotics software platform under its wing.Alphabet-owned Intrinsic, which builds AI models and software designed to make industrial robots more accessible, is joining Google, the companies announced on Wednesday. Intrinsic will remain a distinct entity within Google but will work closely with Google DeepMind and will tap into Google’s Gemini AI models and cloud services. Alphabet declined to share information regarding funding or purchase pri ...

责任编辑：张俊 SF065 Alphabet旗下的自动驾驶技术公司Waymo开始在达拉斯、休斯顿、圣安东尼奥和奥兰多为特定乘客提供 无人驾驶出行服务，其商业覆盖范围由此扩展至美国10个大都市区。 Alphabet旗下的自动驾驶技术公司Waymo开始在达拉斯、休斯顿、圣安东尼奥和奥兰多为特定乘客提供 无人驾驶出行服务，其商业覆盖范围由此扩展至美国10个大都市区。 责任编辑：张俊 SF065 ...

2025年以来，Robotaxi行业迎来商业化加速与安全争议的双重交织，全球范围内企业布局步伐显著加快，2026年被普遍视为Robotaxi大规模投放的爆发之 年。 特斯拉、吉利、哈啰、小鹏等整车企业，轻舟智航、小马智行、文远知行等智驾供应商，以及百度等科技企业纷纷布局，Robotaxi试点范围持续扩大、运营 模式不断迭代。 但与此同时，北京、重庆、湖南等地接连发生Robotaxi起火、坠坑、撞人事故，安全隐患逐步显现，引发公众对其安全性的质疑。 当"机器开车"从实验室走向现实街头，一个核心疑问摆在每个人面前：我们真的可以放心坐Robotaxi了吗？ Robotaxi加速落地，2026年迎爆发拐点 全球Robotaxi行业已进入规模化布局的关键阶段，国内外企业纷纷亮出具体规划，形成多方协同、全面发力的竞争格局。 整车企业中，特斯拉率先出击，2025年在奥斯汀全面撤除安全员，实现CyberCab"车内无人"规模化运营，计划2026年第一季度实现CyberCab量产；小鹏汽车 将在2026年正式推出三款Robotaxi车型，并与高德达成全球生态合作，开启"出行平台+前装量产Robotaxi"合作模式，率先在广州等 ...

党的二十届四中全会明确提出"抓住新一轮科技革命和产业变革历史机遇"，强调要"抢占科技发展制高 点，不断催生新质生产力"。今年全国两会召开前夕，多位政协委员及行业专家围绕无人驾驶这一战略 性新兴产业展开热议。 作为人工智能与实体经济深度融合的重要应用，无人驾驶不仅是新质生产力的典型代表，更是我国抢占 未来产业竞争制高点的关键。日前，美国国会众议院能源与商务委员会表决通过了《自动驾驶法案》， 正式进入全院审议阶段。这是美国联邦层面首次建立针对自动驾驶的全国统一监管框架，并允许无方向 盘、无脚踏板的无人驾驶车辆合法化，标志着这个传统汽车强国正以立法突破，为L4级无人驾驶规模 化扫清最后障碍。与此同时，美国企业也在加快无人驾驶商业化步伐，特斯拉首辆无脚踏板、无方向盘 的Cybercab已经下线并计划在今年4月份投入量产；Waymo在全美扩张的同时，正加速进入日本东京、 英国伦敦等全球市场。 全球赛道上，竞争已然白热化。在多位全国政协委员和行业专家看来，我国无人驾驶产业发展正处 于"奇点时刻"，亟需通过政策创新、场景开放和制度重构，推动我国无人驾驶从测试验证迈向规模化应 用。 2026年世界政府峰会（WGS）于2月3日 ...

腾笼汽车王宁: 好的，各位投资者大家好，欢迎参加腾笼汽车年后第一场 Robot Taxi 和自动驾驶相关的 一个电话会。我是腾笼汽车的王宁。那么最近自动驾驶政策的话，有一些新的变化，包括 像美国和中国，那么不少投资者的话，其实对此有些疑问。那么因此的话，我们召开这样 一次电话会，来稍微解读一下中美两国的一个自动驾驶政策的进展和后续的一个展望。那 么首先是美国，美国这边内容的话，主要是分成三个方面。那么一是给各位领导梳理一下 目前美国自动驾驶历史的一个政策，以及过去美国对自动驾驶管理的一个风格。 那么二是结合一下当下美国整个自动驾驶法规的最新状态，和后续立法流程的一个解读。 包括也会说一下后续如何实时去跟踪各项法规的一个进展。那么三，是由于整个特斯拉 7 Model X 首台量产车下线，那么我们也会稍微去讲一下和 7 Model X 相关的政策法规有 哪些。以及他们彼此的关联如何。那么首先的话，是第一个内容，那么首先我们需要明确 的是美国的政府分为联邦和州，那么联邦和各州层面的话，其实都会参与到自动驾驶的立 法和政策制定当中去。 那么美国政府的话，包括立法、行政和司法三个分支。然后这三个分支的话，在联邦层面 分 ...

Autonomous driving technology company Waymo announced on Tuesday that it's expanding its driverless ride-hailing services to four new cities -- three in Texas and one in Florida. Effective immediately, invitations will roll out to select Waymo customers in Dallas, Houston, San Antonio and Orlando, allowing people there to take their first local robotaxi rides.The new areas for Waymo autonomous ride-hailing span 60 square miles in San Antonio and Orlando, 50 square miles in Dallas, and 25 square miles in Hou ...