Wall Street Breakfast Microsoft, Nvidia, Uber back Wayve's $1.2B funding
Feb 25, 2026
Wayve scores a massive $1.2B raise with Microsoft, Nvidia and Uber joining the round. Uber maps out robo-taxi timing and multimodal plans with Joby Aviation. HP and Lowe's flag guidance risks tied to memory and housing. Pew data shows most US teens are using AI chat tools. Tom Lee spots heavy trading that could mark a software-stock turning point.
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Wayve's $1.2B Push Toward Universal Autonomy
- Wayve raised $1.2 billion in a Series D from Microsoft, NVIDIA, Uber, Mercedes-Benz and Nissan to accelerate commercial autonomy.
- CEO Alex Kendall said the funding targets a TAM across every vehicle to build an autonomy layer that powers any vehicle everywhere.
Tie Funding To Deployment Milestones
- Uber committed milestone-based capital within a broader $1.5 billion package to scale Wayve-powered robo-taxi deployments globally.
- The deal ties funding to deployment milestones and targets commercial robo-taxi trials starting in 2026 and supervised autonomy in consumer vehicles by 2027.
Uber And Joby Move Toward Multimodal Trips
- Uber and Joby are integrating multimodal travel by letting riders book Joby electric air taxi rides directly in the Uber app.
- Joby expects first passenger flights in Dubai later this year and the Uber app will show Uber Air as a route option with pickup and drop-off legs in one flow.