Microsoft, SoftBank in talks for $2 billion investment in UK's Wayve, FT reports
Microsoft and SoftBank’s potential $2 billion investment could value Wayve at $8 billion amid a global AI race to advance autonomous driving technology.
7 Articles
7 Articles
Microsoft and SoftBank in talks to invest $2 billion in UK self-driving startup Wayve - Tech Startups
British autonomous driving startup Wayve is in advanced talks with Microsoft and SoftBank for a potential $2 billion funding round that could value the company at around $8 billion, according to a report from the Financial Times. The move underscores […] The post Microsoft and SoftBank in talks to invest $2 billion in UK self-driving startup Wayve first appeared on Tech Startups.
Microsoft, SoftBank in talks for $2 billion investment in UK's Wayve, FT reports
British autonomous driving technology group Wayve is in talks with Microsoft and SoftBank to raise up to $2 billion in funding, which could value the firm at about $8 billion, the Financial Times reported on Monday, citing sources.This comes after Nvidia had signed a letter of intent in September for a potent
Wayve wheels in Microsoft and Softbank for $2bn cash injection
British autonomous driving start-up Wayve is in early talks with Microsoft and SoftBank over a potential $2 billion funding round, in a deal that would value the London-based AI firm at $8 billion, according to The Financial Times. Founded in 2017 by Cambridge PhD students Alex Kendall and Amar Shah, Wayve has developed a breakthrough approach to self-driving cars, using machine learning and computer vision to teach vehicles how to drive through…
Softbank, MS reported to be in talks with Wayve to raise $2bn
Softbank and Microsoft are said to be talking to UK self-driving car startup Wayve Technologies about raising $2bn, valuing Wayve at $8bn, reports the FT. Last month Nvidia signed a ... The post Softbank, MS reported to be in talks with Wayve to raise $2bn appeared first on Electronics Weekly.
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium