As Uber finally closes in on its IPO, its self-driving car unit is getting a big cash infusion and some independence. The company announced tonight that Toyota, Denso and Softbank are investing a ...
Eighteen months ago, Uber’s self-driving car unit, Uber Advanced Technologies Group, was valued at $7.25 billion following a $1 billion investment from Toyota, DENSO and SoftBank’s Vision Fund. Now, ...
Toyota Motor Corp, Denso Corporation, and SoftBank Vision Fund (SVF) are all pumping in $1 billion into Uber ATG, the San-Francisco based ride hailing company Uber's new corporate entity. The Advanced ...
Uber has confirmed it will spin out its self-driving car business after the unit closed $1 billion in funding from Toyota, auto-parts maker Denso and SoftBank’s Vision Fund. The development has been ...