Chipmakers AMD, Arm, and Qualcomm Invest in UK Self-Driving Tech Startup Wayve
Chipmakers AMD, Arm, and Qualcomm have invested $60 million into UK self-driving tech startup Wayve as part of its $1.2 billion Series D funding round. The investment highlights Wayve's innovative self-driving system that uses neural networks and is compatible with various compute platforms. The company has secured partnerships with major automakers like Nissan, Mercedes-Benz, and Stellantis.
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Topics: AI in transportation automotive industry investment self-driving technology startup funding