Wayve, the leader in Embodied AI for autonomous driving, today announced it has signed a letter of intent with NVIDIA to evaluate a $500 million strategic investment in Wayve’s next funding round.
This investment builds on NVIDIA’s participation in Wayve’s Series C funding round and fuels the company’s continued growth. It also reflects the companies’ shared vision to bring safe, scalable, and production-ready autonomous driving technology to market. Wayve’s foundation model approach, combined with NVIDIA’s automotive-grade accelerated computing platforms, equips automakers with the advanced AI and hardware needed to deliver next-generation mobility solutions on a global scale.
Wayve and NVIDIA have collaborated since 2018, with each generation of Wayve’s robot platforms accelerated by NVIDIA technology. The upcoming Wayve Gen 3 platform will be built on NVIDIA DRIVE AGX Thor.
NVIDIA DRIVE AGX Thor is accelerated by NVIDIA Blackwell GPU architecture and runs the safety-certified NVIDIA DriveOS, leveraging the NVIDIA Halos comprehensive safety system. The Wayve Gen 3 platform will push the frontier of embodied AI, advancing the Wayve AI Driver toward eyes-off (Level 3) and driverless (Level 4) capabilities across urban and highway domains.
Alex Kendall, Co-founder and CEO of Wayve:
“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,”