positive
Microsoft and SoftBank discuss $2 billion investment in Wayve
Microsoft and SoftBank are in advanced discussions to invest about $2 billion in autonomous-driving startup Wayve, potentially valuing the U.K.-based company near $8 billion. The round would bolster Wayve’s expansion into global markets and fund next-generation vehicle autonomy technology. The company already counts Uber and SoftBank among investors and is reportedly expanding into Germany and Japan. The move highlights intensifying competition in AI-driven mobility as tech giants deepen exposure to autonomous transport innovation.
Companies:
- Wayve
- Microsoft
- SoftBank
Tags:
- startups
- AI
positive
Microsoft and SoftBank discuss $2 billion investment in Wayve
Microsoft and SoftBank are in advanced discussions to invest about $2 billion in autonomous-driving startup Wayve, potentially valuing the U.K.-based company near $8 billion. The round would bolster Wayve’s expansion into global markets and fund next-generation vehicle autonomy technology. The company already counts Uber and SoftBank among investors and is reportedly expanding into Germany and Japan. The move highlights intensifying competition in AI-driven mobility as tech giants deepen exposure to autonomous transport innovation.
Companies:
- Wayve
- Microsoft
- SoftBank
Tags:
- startups
- AI
Explore:Mutual Fund Screening
1 min read
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Wayve set to secure $2 billion funding from Microsoft and SoftBank.
Microsoft and SoftBank are in advanced discussions to invest about $2 billion in autonomous-driving startup Wayve, potentially valuing the U.K.-based company near $8 billion. The round would bolster Wayve’s expansion into global markets and fund next-generation vehicle autonomy technology. The company already counts Uber and SoftBank among investors and is reportedly expanding into Germany and Japan. The move highlights intensifying competition in AI-driven mobility as tech giants deepen exposure to autonomous transport innovation.
Microsoft and SoftBank are in advanced discussions to invest about $2 billion in autonomous-driving startup Wayve, potentially valuing the U.K.-based company near $8 billion. The round would bolster Wayve’s expansion into global markets and fund next-generation vehicle autonomy technology. The company already counts Uber and SoftBank among investors and is reportedly expanding into Germany and Japan. The move highlights intensifying competition in AI-driven mobility as tech giants deepen exposure to autonomous transport innovation.
Companies:
- Wayve
- Microsoft
- SoftBank
Tags:
- startups
- AI
- startups
- AI
- autonomous vehicles
- funding
- global