Microsoft-backed Wayve raises $1.5 billion to take its robotaxis global

A Wayve self-driving car alongside one of London's famous red buses. Wayve AI startup Wayve said that it had raised $1.5 billion to take its robotaxis global. The UK-based firm is teaming up with Uber to roll out robotaxis in London, where it will face off against Waymo. Wayve's CEO, Alex Kendall, told Business Insider, "This is our home turf." Wayve is revving up its global robotaxi ambitions with fresh funding as it prepares to take on Waymo in London. The UK-based autonomous vehicle soft...

Wayve, an A.I. Driverless Car Start-Up in Europe, Raises $1.2 Billion

The London-based company is building a system that uses artificial intelligence to power autonomous vehicles.

By Adam Satariano

UK AI start-up Wayve raises $1.2bn from carmakers and Big Tech

Self-driving group valued at $8.6bn as it gears up to launch robotaxi service in London this year

Driverless car firm Wayve bags £1.1bn investment to help launch on UK roads

The London-based company will be valued at around 8.6 billion dollars (£6.4 billion).

By Henry Saker-Clark