Wayve and NVIDIA announce plans to evaluate a $500M investment in the company’s next funding round.
Takeaway Points
- Wayve and NVIDIA announce plans to evaluate a $500M investment.
- The next Wayve Gen 3 platform will be built on NVIDIA DRIVE AGX Thor.
- On June 10, 2025, Wayve and Uber collaborate to launch L4 autonomy trials in the UK.
Wayve and NVIDIA
Wayve, the leader in embodied AI for autonomous driving, on Thursday announced that it has signed a letter of intent with NVIDIA to evaluate a $500 million strategic investment in Wayve’s next funding round.
According to the report, Wayve’s foundation model approach, combined with NVIDIA’s automotive-grade increased computing platforms, provides automakers with the advanced AI and hardware needed to deliver next-generation mobility solutions on a global scale.
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Alex Kendall, Co-founder and CEO of Wayve, said, “Continued support from a global technology leader like NVIDIA underscores confidence in our AV2.0 approach to building embodied AI and its potential to transform the future of mobility.”
The Beginning
The company said it has partnered with NVIDIA since 2018, with each generation of Wayve’s robot platforms quickened by NVIDIA technology.
The next Wayve Gen 3 platform will be built on NVIDIA DRIVE AGX Thor, Wayve said.
Wayve and Uber Collaborate to Launch L4 Autonomy Trials in the UK
On June 10, 2025, Wayve and Uber reported a first-ever plan to develop and launch public-road trials of Level 4 (L4) fully autonomous vehicles in London. This announcement marks the UK as the largest market where Uber has announced an intention to pilot autonomous vehicles.
Alex Kendall, CEO and Co-founder of Wayve, commented, “This is a defining moment for UK autonomy. With Uber and a global OEM partner, we’re preparing to put our AI Driver technology into real service on the streets of London, delivering on our AV2.0 vision for scalable autonomy. Our Embodied AI learns to drive anywhere, in any vehicle, and this trial brings us closer to bringing safe and intelligent driving to everyday rides across the UK and beyond.”
Andrew Macdonald, President and Chief Operating Officer of Uber, said, “We’re excited to take the next step in our journey with Wayve, bringing autonomous mobility to one of the world’s busiest and most complex urban environments. Wayve’s globally scalable AV2.0 approach makes them an ideal partner to bring Uber’s autonomous vision to reality in new cities around the world. Our vision is to make autonomy a safe and reliable option for riders everywhere, and this trial in London brings that future closer to reality.”
The two companies will partner with the UK Government and Transport for London on the permitting and regulatory approval process before the launch, the report stated.
