Nvidia in Advanced Talks to Invest $500M in UK Self-Driving Startup Wayve
Nvidia is nearing a $500 million investment in London-based autonomous vehicle firm Wayve, marking one of its largest commitments to Britain's tech sector. CEO Jensen Huang disclosed the discussions during an event with UK Prime Minister Keir Starmer, with both companies signing a letter of intent.
The chipmaker's UK ambitions extend beyond mobility. Huang pledged £2 billion for British startups leveraging AI in fintech, cloud computing, and transport systems. Nvidia has already backed London AI cloud provider Nscale and signaled participation in upcoming funding rounds for Revolut, Synthesia, and Oxa.
This push coincides with soaring global demand for computing power. Nvidia plans to deploy over 120,000 AI processors through local partners, democratizing access for enterprises ranging from Microsoft to emerging startups.