Published by Global Banking & Finance Review®
Posted on October 13, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleWayve is in talks with Microsoft and SoftBank for a $2 billion investment, potentially valuing the UK firm at $8 billion, amid global interest in AI startups.
(Reuters) -British autonomous driving technology group Wayve is in talks with Microsoft and SoftBank to raise up to $2 billion in funding, which could value the firm at about $8 billion, the Financial Times reported on Monday, citing sources.
This comes after Nvidia had signed a letter of intent in September for a potential $500 million investment in London-based Wayve, as investors globally pour billions into fast-growing AI start-ups.
Wayve currently operates in Britain and the U.S. and has been expanding its testing and development operations to markets, including Germany and Japan.
The firm declined to comment on the report, while Microsoft and SoftBank did not immediately respond to Reuters' requests for a comment.
Founded in 2017, Wayve raised over $1 billion last year, led by SoftBank and supported by Nvidia. Ride-hailing platform Uber also made an undisclosed investment in the firm in 2024.
(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Tasim Zahid)
Autonomous driving technology refers to systems and software that enable vehicles to navigate and operate without human intervention, using sensors, cameras, and artificial intelligence.
Venture capital is a form of private equity financing provided to startups and small businesses with high growth potential, typically in exchange for equity or convertible debt.
A financial investment involves allocating money into assets or ventures with the expectation of generating a return or profit over time.
Market valuation is the process of determining the current worth of an asset or company based on its market price, financial performance, and other relevant factors.
Explore more articles in the Finance category
