KATHMANDU: UK-based AI self-driving startup Wayve has raised $1.2 billion in fresh funding, pushing its valuation to $8.6 billion as it prepares to launch its first robotaxi service in London later this year. The latest investment round includes participation from…

KATHMANDU: Blocked from the U.S. market, Chinese self-driving technology companies are expanding rapidly in Europe, Reuters reports. They are opening offices, signing data deals and testing autonomous vehicles, raising competition concerns among local firms. China is already the world’s biggest…