Uber’s self-driving car unit raises $1B from Toyota, Denso and Vision Fund ahead of spin-out

TechCrunch
By Jon RussellApr 19, 2019, 1:17 am105 ptsTrending
Uber’s 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 speculated for some time — as far back as October — and it serves to both remove a deeply-unprofitable…

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