Nvidia CEO Jensen Huang descended on the United Kingdom this week, armed with a pledge to invest £2 billion ($2.6 billion) to supercharge the country’s AI startup ecosystem. Wayve, the UK-based self-driving tech startup, could be one of those to receive funds from Nvidia’s AI investment commitment, the company told TechCrunch.

Wayve said it has signed a letter of intent with Nvidia to evaluate a $500 million strategic investment in the U.K. startup’s next funding round. Nvidia participated in Wayve’s $1.05 billion Series C round that closed in May 2024.

A Wayve spokesperson confirmed that the $500 million tentative commitment is part of Nvidia’s AI startup investment pledge.

Nvidia said during an event Thursday the £2 billion commitment would include funds from venture-capital investo

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