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Nvidia to invest $500m in UK self-driving start-up Wayve
['Paul Jones', 'Harvard Alumni', 'Former New York Times Journalist. Editor Of Business Matters For Over Years', "The Uks Largest Business Magazine. I Am Also Head Of Capital Business Media'S Automotive Division Working For Clients Such As Red Bull Racing", 'Honda', 'Aston Martin']
Business Matters
Nvidia, the world’s most valuable company, is in advanced talks to pump $500 million (£400m) into Wayve, a UK-based self-driving car start-up.
The new funding commitment was unveiled during an event in London coinciding with President Trump’s state visit, where Nvidia pledged £2bn in UK start-up investments spanning AI and fintech.
Beneficiaries include digital bank Revolut and video AI company Synthesia.
Wayve, founded in London, is developing AI-powered systems to help vehicles interpret surroundings and navigate without human input.
For the UK, the flurry of announcements highlights its growing status as a hub for AI investment, even as it navigates challenges around regulation, skills and infrastructure.
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