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SoftBank leads $1bn funding for UK artificial intelligence group Wayve

Investment in start-up that makes self-driving software represents Europe’s largest AI funding deal to date
Wayve’s artificial intelligence system allows vehicles to learn while driving, avoiding the need for mapping and laser-based sensors

Japanese conglomerate SoftBank is leading an investment of more than $1bn into UK self-driving car start-up Wayve, marking Europe’s largest artificial intelligence deal to date.

The funding round, which also includes Nvidia and existing investor Microsoft, will allow the London-based company to deploy its autonomous systems in cars in the coming years.

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