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News, Analysis & Perspective on Autonomous Vehicles

TuSimple seeking $250 million in new funding to scale self-driving trucks

TuSimple,the self-driving truck startup backed by Sina, Nvidia, UPS and Tier 1 supplier Mando Corporation, is headed back into the marketplace in search of new capital from investors. The company has hired investment bank Morgan Stanley to help it raise $250 million, according to multiple sources familiar with the effort.

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