New Delhi, Feb. 26 -- AI-based autonomous driving startup Wayve has raised $1.2 billion in a major funding round that strengthens its position in the global self-driving technology race. The investment was backed by Nvidia, Uber, and three major automakers, alongside existing strategic partners. The announcement, made on February 24, 2026, marks one of the largest funding rounds in the autonomous vehicle sector this year and signals strong confidence in AI-led mobility solutions.

Founded in 2017 in the United Kingdom, Wayve develops AI-powered autonomous driving software designed to operate without relying on high-definition maps. Instead, its system uses deep learning models trained on real-world driving data, allowing vehicles to adapt...