"Support from Nvidia underscores confidence in our approach to AI and its potential to transform the future of mobility."
"Today we put tech out there as a special feature of the special relationship. Thank you so much, Jensen, for your confidence in what we are doing and your investment."
"national champion for the UK"
Nvidia is in advanced talks to invest $500 million in Wayve, a UK self-driving car start-up developing AI systems for autonomous navigation. Nvidia previously participated in Wayve's record $1.1bn funding round alongside Microsoft. Nvidia unveiled the commitment during a London event coinciding with President Trump's state visit and pledged £2bn in UK start-up investments across AI and fintech, including Revolut and Synthesia. Nvidia also announced a £500m investment in Nscale, an AI infrastructure firm described as a potential "national champion for the UK" with forecast cumulative revenues of £50bn within six years. Wayve's backers include SoftBank, Uber and Eclipse Ventures.
Read at Business Matters
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