Microsoft and SoftBank are in advanced discussions to invest about $2 billion in autonomous-driving startup Wayve, potentially valuing the U.K.-based company near $8 billion. The round would bolster Wayve’s expansion into global markets and fund next-generation vehicle autonomy technology. The company already counts Uber and SoftBank among investors and is reportedly expanding into Germany and Japan. The move highlights intensifying competition in AI-driven mobility as tech giants deepen exposure to autonomous transport innovation.