Chipmakers invest in self-driving tech startup Wayve

Chipmakers AMD, Arm, and Qualcomm are among the investors in Wayve, a self-driving technology startup that recently closed a $1.2 billion Series D funding round. This significant investment highlights the growing interest and confidence in Wayve's autonomous driving solutions from key players in the semiconductor industry. The funding will likely accelerate Wayve's research and development efforts, potentially bringing their technology closer to widespread commercial deployment.