Wayve Raises $1.5 Billion at $8.6 Billion Valuation as BMW and Mercedes Abandon Level 3, Signaling a Tectonic Shift in Autonomous Driving
UK startup Wayve secures $1.5B from NVIDIA, Microsoft, Uber, and three automakers for its AI foundation model approach to self-driving, just as BMW and Mercedes shelve their in-house Level 3 programs.
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