Wayve: Providing the AI Power Behind Autonomous Vehicles
Wayve, a leader in developing AI technology for autonomous vehicles, has secured US$60m in funding from major silicon companies AMD, Arm and Qualcomm Ventures.
The investment signals growing confidence in the autonomous vehicle sector as deployments continue to accelerate globally.
Silicon partnership extends Series D funding
The funding represents an extension of Wayve's Series D round and brings together three companies at the forefront of silicon infrastructure for modern computing. Arm designs processor blueprints, AMD develops chips as a fabless semiconductor company and Qualcomm operates as a multinational semiconductor firm.
The investment is set to support integration across automotive compute platforms and the continued deployment of Wayve's AI Driver in production systems for advanced driver assistance systems and automated driving. It comes at a time when autonomous vehicle deployments are expanding rapidly, with McKinsey estimating more than 700,000 fully autonomous robotaxi rides per week.
The move demonstrates increasing engagement from technology investors seeking to accelerate engineering integration and joint go-to-market efforts in the autonomous vehicle space.
Alex Kendall, Co-Founder and CEO of Wayve, says: "Expanding our relationships with leading silicon companies helps bring that into production at a global scale, and we're delighted to have these partners actively working with us on integration and deployment."
Building on funding success
The latest investment builds on Wayve's $1.2bn funding round in 2026, which attracted backing from financial investors, global technology companies and automakers including Stellantis and Uber.
Prior to this, the company raised $1.05bn in its Series C round in 2024, led by SoftBank with contributions from NVIDIA and existing investor Microsoft.
The new capital will enable Wayve to advance integration across automotive compute platforms and continue deploying its AI Driver technology in production systems. This includes the company's ongoing collaboration with NVIDIA on AI training and next-generation vehicles, such as the Nissan robotaxi prototype built on NVIDIA Drive Hyperion with the Wayve AI Driver.
The funding will also support Wayve's previously announced partnership with Qualcomm Technologies to deliver a pre-integrated AI Driver solution on the Snapdragon Ride Platform with Active Safety software, potentially simplifying implementation for automakers.
Unlike autonomous driving systems built for a specific car or hardware setup, the Wayve AI Driver is designed to run across a wide range of vehicle platforms and configurations.
Alex continues: "For embodied AI to scale, automakers need design choice and supply chain flexibility.
"We’re building an AI Driver that works across the full automotive compute ecosystem, from architectures already used in millions of vehicles today to the platforms powering the next generation of automated vehicles."