Uber launched was 2009 as UberCab, a black car service where customers could hail professional drivers with a few taps on a smartphone.
The latest investment, which also involves Japanese parts maker DENSO, will go to Uber's Advanced Technologies Group in a bid to "accelerate the development and commercialisation of automated ride sharing," the firms said in a statement. Uber chief executive Dara Khosrowshahi said driverless cars would "transform transportation as we know it, making our streets safer and our cities more liveable."
The deal between Toyota Motor Corp and Uber Technologies Inc also breathes new life into Uber's self-driving business. Last week, Uber filed official documents for its much-anticipated public share offering.
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