• Wayve plans to launch commercial trials of robotaxis using its AI Driver this year • Source: Wayve Wayve Technologies Ltd • today said it has closed a Series D round of $1 • 2 billion, bringing its post-money valuation to $8 • The London-based company said it plans to use the funding to accelerate commercialization of its “end-to-end AI platform” for autonomous driving • 5 billion secured, we are building for a total addressable market that spans every vehicle that moves," stated Alex Kendall, co-founder and CEO of Wayve

Article Summaries:

  • Wayve Technologies Ltd. today said it has closed a Series D round of $1.2 billion, bringing its post-money valuation to $8.6 billion. The London-based company said it plans to use the funding to accelerate commercialization of its “end-to-end AI platform” for autonomous driving. “With $1.5 billion secured, we are building for a total addressable market that spans every vehicle that moves,” stated Alex Kendall, co-founder and CEO of Wayve. “Autonomy will not scale through city-by-city robotaxi deployments alone. It will scale through a trusted platform that automakers and fleets can deploy glob

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