Wayve lands AMD, Arm and Qualcomm cash as UK self-driving push gathers pace Tech British autonomous driving firm Wayve has secured a further $60m (£44.2m) from chip giants AMD, Arm and Qualcomm Ventures, as it pushes to get its AI driving software into production vehicles. The fresh backing adds more heavyweight silicon names to Wayve’s investor roster and comes just weeks after the London-based company raised $1.2bn at a [...]
Cabbies face robotaxi squeeze as Addison Lee boss warns of ‘predatory pricing’ Transport & Infrastructure London’s cabbies could be priced out of the market unless regulators step in to curb “predatory pricing” from deep-pocketed tech giants, the boss of Addison Lee has warned. Chief executive Liam Griffin said companies like Waymo, Wayve or Tesla risk undercutting traditional operators by subsidising fares to win market share, echoing concerns from the early [...]
Autonomous vehicle firm Oxa taps BP, Nvidia in $103m funding round Tech British autonomous vehicle firm Oxa has raised $103m (£77m) in a fresh funding round after attracting support from the world’s most valuable tech firm, Nvidia. The Oxford-based business, formerly known as Oxbotica, completed the Series D raise with backing from the government’s National Wealth Fund as well as from the venture arm of energy giant [...]
Wayve raises $1.2bn as self-driving firm gears up for robotaxi launch February 25, 2026 British self-driving car company Wayve has raised $1.2bn (£950m), ticking its valuation up to $8.6bn and marking one of the largest capital raises for a UK AI startup. The funding round was led by Eclipse, Balderton and Softbank Vision Fund 2, with new backing from investors like Ontario Teachers’ Pension Plan, Baillie Gifford, the British [...]
Waymo raises $16bn ahead of London launch February 3, 2026 Alphabet-owned Waymo has raised $16bn (£12.6bn), valuing the self driving vehicle company at $126bn, as its London launch edges closer. The investment round, led by Dragoneer, DST Global and Sequoia, comes as the firm steps up preparations for its UK debut, with its cars already spotted testing on the streets of the capital. London is [...]
Waymo accelerates London rollout despite US safety probe January 26, 2026 Waymo is stepping up preparations for its UK rollout after its driverless vehicles were spotted on the streets of London, as the Alphabet-owned firm faces safety scrutiny in the US. The self-driving vehicle firm has confirmed it is testing its robotaxis in the capital ahead of a planned passenger launch this year, marking its second [...]
Microsoft rides the Wayve as self driving cars hit London streets January 8, 2026 Microsoft announced its strengthened partnership with British born autonomous driving startup Wayve on Thursday, in a move set to bring the tech into commercial use. This collaboration, based largely on Microsoft Azure, provides its infrastructure to both train and operate the AV firm’s AI into complex urban environments such as London. Founded in 2017 in [...]
Robotaxis are coming – how will London respond? January 7, 2026 The planned launch of autonomous ride services, starting with Uber in 2026, marks a major shift for London’s streets, repositioning mobility as a software-governed infrastructure that will redistribute control over pricing, liability and data, says Paul Armstrong A structural shift is forming on London’s streets, and too many businesses are still treating it as a [...]
Waymo’s Black Mirror moment raises questions for London launch December 30, 2025 Waymo’s robotaxi fleet hit a high-profile snag last weekend, turning a San Francisco blackout into something out of a tech dystopia. A substation fire left a third of the city without power, traffic lights went dark, and Waymo’s autonomous cars, normally lauded for their ability to handle tricky intersections, stalled in droves. Videos across social [...]
How AI took the wheel in 2025 December 27, 2025 2025 was the year artificial intelligence (AI) took the driver’s seat, literally. Not just in boardrooms or on trading floors, but increasingly on the tarmac, in showrooms, and behind the wheel itself. From record-breaking EV sales in the UK and Europe to autonomous taxis navigating San Francisco streets and preparing to arrive in London next [...]