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Wayve, an A.I. Start-Up for Autonomous Driving, Raises $1 Billion

Source: New York Times

Wayve, a London maker of artificial intelligence systems for autonomous vehicles, said on Tuesday that it had raised $1 billion, an eye-popping sum for a European start-up and an illustration of investor optimism about A.I.’s ability to reshape industries.SoftBank, the Japanese conglomerate that backed Uber and other tech companies, was the lead investor, along with Microsoft and Nvidia. Previous investors in…

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Read the original source at New York Times