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Toyota, DENSO and SVF to invest US$1 billion in Uber ATG

Uber ATG

The investment aims to expedite the deployment of automated ride-sharing services Toyota Motor Corp., DENSO Corporation and the SoftBank Vision Fund (SVF) have announced an investment of US$1 billion in Uber’s Advanced Technologies Group (Uber ATG). Under the terms, Toyota and DENSO will together invest US$667 million and SVF will …

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