SoftBank heads $1 billion funding for UK self-driving startup Wayve

British self-driving technology startup Wayve said on Tuesday it has raised $1.05 billion in a funding round led by SoftBank Group to accelerate the development and launch in production-model vehicles of its Embodied AI technology that can learn from and adapt to human behavior.

Nvidia also contributed in the Series C funding round as a new investor, as did existing investor Microsoft .

The latest funding brings Wayve’s total funds raised to just over $1.3 billion and marks the largest investment yet in a British startup focused on artificial-intelligence technology.