SoftBank, others in talks to invest US$1 billion in Uber's self-driving unit: sources

By on
SoftBank, others in talks to invest US$1 billion in Uber's self-driving unit: sources

Toyota Motor Corp in talks.

A group of investors led by SoftBank Group Corp and Toyota Motor Corp are in talks to invest US$1 billion or more into Uber Technologies Inc's self-driving vehicle unit, which would value the unit at between US$5 billion and US$10 billion, according to two sources familiar with the talks. SoftBan...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
finance hardware softbank uber

Sponsored Whitepapers

10 questions to ask before you select a Network Performance Management tool
10 questions to ask before you select a Network Performance Management tool
Innovate faster. Why accelerating change is a CIO's biggest challenge.
Innovate faster. Why accelerating change is a CIO's biggest challenge.
Unlock faster time-to-revenue using Adobe digital document processes
Unlock faster time-to-revenue using Adobe digital document processes
How Security as Code changes development and deployment for the cloud
How Security as Code changes development and deployment for the cloud
Tackle new ITSM priorities with this seven-step Micro Focus guide
Tackle new ITSM priorities with this seven-step Micro Focus guide

Events

Most Read Articles

AWS cautions gov against rushing in more cyber security regulations

AWS cautions gov against rushing in more cyber security regulations
Telstra 'gamifies' cloud cost reduction efforts among internal teams

Telstra 'gamifies' cloud cost reduction efforts among internal teams
CBA to treat its software like "food in the fridge"

CBA to treat its software like "food in the fridge"
Coles keeps a close watch on its Azure cloud costs

Coles keeps a close watch on its Azure cloud costs

Digital Nation

Next generation of Digital Giants growing faster than the originals: Ray Wang
Next generation of Digital Giants growing faster than the originals: Ray Wang
HR platform consolidation unlocks the value of data at Aurecon
HR platform consolidation unlocks the value of data at Aurecon
COVER STORY: Data centre sustainability scrutiny puts emissions in the spotlight
COVER STORY: Data centre sustainability scrutiny puts emissions in the spotlight
Expect dramatic value chain disruptions every four years: McKinsey Global Institute
Expect dramatic value chain disruptions every four years: McKinsey Global Institute
Digital leaders master collaboration, reskilling and culture: Didier Bonnet
Digital leaders master collaboration, reskilling and culture: Didier Bonnet

Log In

Email:
Password:
  |  Forgot your password?