Uber wins $1B investment from Toyota, SoftBank fund

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Uber gets $1 billion investment boost for its self-driving business

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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Uber Clinches $1 Billion Investment in Self-Driving-Car UnitUber Technologies Inc. said it struck a deal with investors including SoftBank Group Corp.’s tech fund for a $1 billion investment in its self-driving-car unit as the ride-hailing company prepares for an initial public offering. Nice. New York’s former World Trade Center (WTC) is the World Transportation Center (WTC) A new, ever-expanding, universal infrastructural system that guides & propels autonomous cars will emanate from “Ground Zero” in Manhattan The word “Phoenix” occurs in Nostradamus Thanks to all the chumps who let us use your cars and your time to make ourselves rich, we won't be needing you anymore though.
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »

Uber announces $1 billion investment into its self-driving car group, weeks before going publicThe investment from Softbank, Denso and Toyota values the division, known as the Advanced Technologies Group (ATG), at $7.25 billion and creates a newly formed corporate entity with its own board. Happy to see that many new investors are getting smarter and keeping their crypto assets offline on New Ledger Nano X Get yours now ! And Stay Safe out there. That’s a terrible idea self driving cars are more harmful than anything
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Uber nears investment deal for self-driving car unit: WSJUber Technologies Inc is nearing a deal with a group, including SoftBank Group C... Maybe one day we will actually get Uber in British Columbia. It is ridiculous that a city the size of Vancouver does not offer this service. 🌐 Libya W:ilayah - Fezzan 🌐 📷 | Aspects of the Raids on Mur:taddin Houses in the Town of Ghadwah 🌀 MCITOT 🌀 COYS 🌀 Breaking!! NXIVM Sex-Cult Prosecutors Have Evidence Of Illegal Clinton Campaign Contributions For 'Political Influence'
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Exclusive: Toyota sees new business opportunity in leveraging hybrid techThe head of Toyota Motor Corp's electric vehicle (EV) business told Reuters...
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