By Jon Robinson Wayve, the British artificial intelligence (AI) start-up that secured an investment of more than £800m recently, lost more than £40m during its latest financial year. The London-based company hit the headlines in May 2024 when its Series C investment round was led by Japanese tech giant Softbank along with Nvidia and existing investor Microsoft. The move was the UK’s largest ever AI fundraise and came after Wayve had already partnered with delivery fleets from Asda and Ocado. Founded in 2017, the startup has been integrating its technology, called ‘embodied AI’, into cars and r…