Wayve Secures $60M from AMD, Arm, and Qualcomm to Expand Autonomous Driving AI

Wayve has raised $60 million from semiconductor companies Advanced Micro Devices, Inc. (AMD), Arm Holdings Plc, and Qualcomm Technologies, announced in a press release. The investment extends Wayve’s Series D round and brings additional hardware partners into its autonomous driving ecosystem.

The funding will support integration of the Wayve AI Driver software across different automotive compute platforms, enabling automakers and fleet operators to deploy the system more easily. The company’s AI Driver is designed to operate without high-definition maps and can run on a variety of vehicle architectures, from current production models to next-generation automated vehicles.

Wayve said the new backing strengthens its collaboration with leading chipmakers to simplify implementation and accelerate time to market. The company is already working with NVIDIA and Qualcomm on integrating its AI Driver into automotive platforms such as the Snapdragon Ride system and NVIDIA Drive Hyperion.

According to CEO Alex Kendall, the partnerships will help scale the company’s technology globally by allowing automakers greater flexibility in hardware selection while bringing AI-driven navigation to production vehicles and robotaxi applications.