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Toyota, DENSO and SoftBank to invest USD 1 billion in Uber to commercialize autonomous ridesharing services

On April 18, 2019, Toyota Motor Corp., DENSO Corporation and the SoftBank Vision Fund (SVF) announced that they will invest USD 1 billio in Uber Technologies Inc.'s Advanced Technologies Group (Uber ATG).
The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization....

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