SoftBank, a Japanese multinational investment holding company, led a $1.05bn Series C round in Wayve, a developer of embodied intelligence for autonomous vehicles, with participation from NVIDIA and Microsoft. "At Wayve, our vision is to develop autonomous technology that not only becomes a reality in millions of vehicles but also earns people’s trust by seamlessly integrating into their everyday lives to unlock extraordinary value. This significant funding milestone highlights our team’s unwavering conviction that Embodied AI will address the long-standing challenges the industry has faced in scaling this technology to everyone, everywhere," Alex Kendall, Wayve Co-Founder and CEO.