Wayve, a developer of embodied artificial intelligence (AI) for autonomous driving, has closed a $1.05 billion Series C funding round.
Wayve uses deep learning techniques to enable its cars to drive anywhere, without extensive mapping.
SoftBank Group led the funding round, with participation from NVIDIA and Microsoft.
Wayve's vision is to develop autonomous technology that seamlessly integrates into everyday lives and enhances the safety and usability of autonomous driving systems.