News Summary

• Chipmakers AMD, Arm, and Qualcomm have invested $60 million into U.K. self-driving technology startup Wayve.
• The investment is part of an extension to its recent $1.2 billion Series D funding round.
• Uber has committed another $300 million in a milestone-based investment contingent on deploying robotaxis outfitted with Wayve’s tech in London.
• The company has already landed several automaker customers, including Mercedes-Benz, Nissan, and Stellantis.