Nvidia has signed a letter of intent to evaluate a $500 million strategic investment in Wayve, a UK-based autonomous driving technology company. This potential deal would build on Nvidia’s existing partnership with Wayve and would be part of the startup’s upcoming funding round. This move follows Wayve’s successful $1.05 billion Series C funding round that closed in May 2024, in which Nvidia already participated. The investment would be part of Nvidia’s broader £2 billion ($2.7 billion) commitment to the UK’s artificial intelligence startup ecosystem. “Continued support from a global leader like Nvidia underscores confidence in our AV2.0 approach to building … Continue reading Nvidia Signs $500M Investment Letter with Wayve, Huang Calls UK Startup ‘Next Trillion-Dollar Company’