Wayve, a UK self-driving technology start-up, received over $1bn investment from SoftBank, Nvidia, and Microsoft to develop 'embodied AI' technology for self-driving vehicles.
The funding is the largest investment ever made in a European AI startup, aiming to enable automated vehicles to learn from real-world environments.
UK retail brands faced stagnant sales due to bad weather, high-interest rates, and energy bills impacting consumer spending, showing flat sales numbers despite rising prices.
In the UK, retail sales were down 4% in the four weeks leading to the end of April, with non-food sales being the most affected, both in-store and online.
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