Uber to invest in SoftBank-backed Wayve.

Uber, a multinational transportation company that provides ride-hailing services, courier services, food delivery, and freight transport, agreed to acquire SoftBank-backed Wayve, a developer of embodied intelligence for autonomous vehicles. Financial terms were not disclosed. “Wayve is building a 'general purpose' driving Al that can power all levels of driving automation in any type of vehicle, anywhere in the world. I’m excited to be teaming up with Uber, the largest mobility network in the world, to massively ramp up our AI’s fleet learning, ensuring our AV technology is safe and ready for global deployment across Uber’s network. Together, we’re excited to work with Automotive OEMs to bring autonomous driving technologies to consumers sooner,” Alex Kendall, Wayve Co-Founder and CEO.