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News, Analysis & Perspective on Autonomous Vehicles

Uber reportedly raising $1B in deal that values self-driving car unit at up to $10B

Uber is in negotiations with investors, including the SoftBank Vision Fund, to secure an investment as large as $1 billion for its autonomous vehicles unit. The deal would value the business at between $5 billion and $10 billion, according to a Tuesday report from The Wall Street Journal.

https://techcrunch.com/2019/03/13/uber-said-to-be-raising-1b-at-a-10b-valuation-for-its-self-driving-car-unit/

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