Chipmakers AMD, Arm, and Qualcomm are all investing in this buzzy self-driving tech startup

Chipmakers AMD, Arm, and Qualcomm have invested $60 million into UK self-driving technology startup Wayve as part of an extension to its recent $1.2 billion Series D funding round, the companies announced Wednesday. Wayve already brought in a who’s who of strategic investors for its Series D round, including Mercedes-Benz, Nissan, and Stellantis, and returning backers Nvidia, Microsoft, and Uber. Other earlier investors like Eclipse, Balderton, and SoftBank Vision Fund 2 also joined the round, which could grow again; Uber has committed another $300 million in a milestone-based investment contingent on deploying robotaxis outfitted with Wayve’s tech in London.