AMD & Qualcomm: Why Silicon Companies are Investing in Wayve
Wayve, a market leader in embedding AI in autonomous vehicles (AVs), has announced that it received US$60m in investments from leading silicon companies including Arm, Advanced Micro Devices (AMD) and Qualcomm Ventures.
The new investment will support integration across automotive compute platforms and continued deployment of the Wayve AI Driver in production systems for ADAS and automated driving.
This comes as autonomous vehicle deployments are on the rise, with McKinsey estimating there more than 700,000 fully autonomous robotaxi rides per week.
Wayve's funding
This investment is led by AMD, Arm and Qualcomm and is an extension of its Series D. The companies work in silicon infrastructure that powers modern computing.
Arm designs blueprints for processors, AMD is a fabless semiconductor company that designs and develops chips and Qualcomm is a multi-national semiconductor company.
The funding shows growing engagement from tech investors hoping to accelerate engineering integration and joint go-to-market efforts.
Alex Kendall, Co-Founder and CEO of Wayve, says: “Expanding our relationships with leading silicon companies helps bring that into production at a global scale, and we’re delighted to have these partners actively working with us on integration and deployment.
The investment builds on Wayve’s US$1.2bn round in 2026 which was backed by financial investors, global technology companies and automakers such as Stellantis and Uber. Wayve’s US$1.05bn Series C investment round in 2024 was led by SoftBank with contributions from NVIDIA and existing investor Microsoft.
What the investment is for
The new investment will support integration across automotive compute platforms and continued deployment of the Wayve AI Driver in production systems for ADAS and automated driving.
This includes Wayve's longstanding work with NVIDIA across AI training and next-generation vehicles such as the Nissan robotaxi prototype built on NVIDIA Drive Hyperion and the Wayve AI Driver.
It will also support Wayve's previously announced collaboration with Qualcomm Technologies to deliver a pre-integrated AI Driver solution on the Snapdragon Ride Platform with Active Safety software, simplifying implementation for automakers.
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Wayve's embedded AI in AVs
Founded in 2017, British AI company Wayve builds embodied AI for autonomous driving. It was the first to develop and test an end-to-end, deep learning, autonomous driving system for public roads.
Wayve is currently developing end-to-end embodied AI software that enables point-to-point navigation across different environments and vehicles, spanning L2+ hands off to L3/L4 eyes off driving, without relying on high-definition maps.
Unlike autonomous driving systems built for a specific car or hardware setup, the Wayve AI Driver is designed to run across a wide range of vehicle platforms and configurations.
Alex Kendall, Co-Founder and CEO of Wayve, says: “For embodied AI to scale, automakers need design choice and supply chain flexibility. We’re building an AI Driver that works across the full automotive compute ecosystem, from architectures already used in millions of vehicles today to the platforms powering the next generation of automated vehicles.”