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Wayve raises $1 billion to take its Tesla-like technology for self-driving to many carmakers [TechCrunch]

Tesla, Inc. (TSLA)  More Company Research Source: TechCrunch
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
This is the UK's largest AI fundraise ever and sits among the top 20 AI fundraises globally to date. Also participating in the raise was NVIDIA and existing investor Microsoft . Waye's early stage investors included Meta 's head of AI, Yann LeCun. Wayve, which was founded in Cambridge in 2017 raised $200m in a series B round in January last year led by Eclipse Ventures. The company plans to use the fresh capital injection to develop its product for “eyes on” assisted driving and “yes off” fully automated driving, other AI-assisted automotive applications, and expand operations globally. San Francisco has become known as the epicenter for autonomous driving roll-outs, with Alphabet-owned Waymo and GM-owned Cruise both operating services in the city. By contrast, Wayve's “end-to-end” self-driving system began its life around the tiny streets of Cambridge on an electric Renault Twizy. Since then, it has been training its model on delivery vehicles for the likes of companies lik [Read more]
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Stockreport

Wayve raises $1 billion to take its Tesla-like technology for self-driving to many carmakers [TechCrunch]

Tesla, Inc.  (TSLA) 
More Company Research Source: TechCrunch
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
This is the UK's largest AI fundraise ever and sits among the top 20 AI fundraises globally to date. Also participating in the raise was NVIDIA and existing investor Microsoft . Waye's early stage investors included Meta 's head of AI, Yann LeCun. Wayve, which was founded in Cambridge in 2017 raised $200m in a series B round in January last year led by Eclipse Ventures. The company plans to use the fresh capital injection to develop its product for “eyes on” assisted driving and “yes off” fully automated driving, other AI-assisted automotive applications, and expand operations globally. San Francisco has become known as the epicenter for autonomous driving roll-outs, with Alphabet-owned Waymo and GM-owned Cruise both operating services in the city. By contrast, Wayve's “end-to-end” self-driving system began its life around the tiny streets of Cambridge on an electric Renault Twizy. Since then, it has been training its model on delivery vehicles for the likes of companies lik [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS