FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo
(Reuters) -British autonomous driving technology group Wayve is in talks with Microsoft and SoftBank to raise up to $2 billion in funding, which could value the firm at about $8 billion, the Financial Times reported on Monday, citing sources.
This comes after Nvidia had signed a letter of intent in September for a potential $500 million investment in London-based Wayve, as investors globally pour billions into fast-growing AI start-ups.
