Published by Global Banking & Finance Review®
Posted on September 19, 2025
2 min readLast updated: January 21, 2026
Add as preferred source on GoogleNvidia is considering a $500 million investment in UK-based Wayve, enhancing its autonomous driving tech using machine learning.
(Reuters) - U.S. chip designer Nvidia has signed a letter of intent for a possible $500 million investment in the next funding round at Britain's Wayve, the autonomous driving technology group said on Thursday.
The development comes after Britain and the United States signed a technology pact aimed at boosting ties in artificial intelligence and other fields.
Founded in 2017, Wayve raised over $1 billion last year, led by SoftBank Group and supported by Nvidia. Ride-hailing platform Uber had also made a separate investment in the firm in 2024, for an undisclosed sum.
Wayve's technology, unlike conventional systems that rely on detailed digital maps and coding, uses machine learning with camera sensors mounted on the vehicles to learn from traffic patterns and driver behaviour.
Its autonomous driving platforms have been powered by a partnership with Nvidia, whose chips are now bolstering a global AI boom.
The London-based Wayve currently operates in Britain and the U.S. and has been expanding testing and development to wider markets like Germany and Japan.
On Thursday, Nvidia had also pledged 2 billion pounds ($2.70 billion) in investments in the British AI startup ecosystem.
($1 = 0.7411 pounds)
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Harikrishnan Nair)
Nvidia has signed a letter of intent for a possible $500 million investment in Wayve's next funding round.
Wayve's technology uses machine learning with camera sensors mounted on vehicles to learn from traffic patterns and driving conditions.
Wayve currently operates in Britain and the U.S., and is expanding testing and development to markets like Germany and Japan.
On Thursday, Nvidia pledged 2 billion pounds ($2.70 billion) in investments in the British AI startup ecosystem.
Wayve raised over $1 billion last year, led by SoftBank Group and supported by Nvidia, with additional investment from Uber in 2024.
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