The UK government has secured what it describes as a “seat at the table” in the fast-moving global race to commercialise driverless cars, after the British Business Bank backed a landmark $1.5 billion fundraising round for British autonomous driving firm Wayve. The investment round, completed last week, valued the Cambridge-founded artificial intelligence company at $8.6 billion, the highest valuation yet achieved by a UK AI start-up. The round was led by SoftBank and supported by...










