Wayve raises $1B to take its Tesla-like technology for self-driving to many carmakers

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Wayve, a U.K.-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed $1.05 billion in Series C funding led by SoftBank Group. This is the U.K.’s largest AI fundraise ever and sits among the top 20 AI fundraises globally to date. Also participating in the raise was Nvidia and existing investor Microsoft. […]