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