The cab giant has invested in the company that supplies AI data for self-driving cars and bosses at Wayve are hoping that it will all be an attempt to advance its technology within the realm of artificial intelligence.

Wayve co-founder and CEO Alex Kendall, said: "I’m excited to be teaming up with Uber, the largest mobility network in the world, to massively ramp up our AI’s fleet learning, ensuring our AV technology is safe and ready for global deployment across Uber’s network. Together, we’re excited to work with Automotive OEMs to bring autonomous driving technologies to consumers sooner."

Bosses at Uber are also thrilled with the investment and felt hopeful that the move would help them "work towards" their goal of getting to a world where vehicles are shared.

Uber CEO Dara Khosrowshahim said: "Wayve’s advanced Embodied AI approach holds a ton of promise as we work towards a world where modern vehicles are shared, electric and autonomous. We’re thrilled to bring Wayve on as a partner to work alongside automakers as we continue to build out Uber as the best network for self-driving vehicles."