Uber Self Driving Car Unit Gets $1 Billion, Valuing It At $7.25 Billion

Uber Technologies Inc.’s Advanced Technologies Group (Uber ATG), which runs the ride-sharing service got $1 billion from a group of investors. The deal values Uber ATG at $7.25 billion on a........»»

Uber narrowed its net losses from $2.93 billion to $108 million, primarily due to a $1.6 billion benefit from the sale of its ATG self-driving unit......»»

The company – which recently joined Toyota and SoftBank in a $1 billion investment in Uber's self-driving car unit – confirmed its opened a Seattle office about a year after the Business Journal first reported on the search......»»

General Motors Co's majority-owned Cruise self-driving division on Tuesday said T. Rowe Price and a group of existing investors put down $1.15 billion in new equity, valuing the unit at $19 billion......»»

General Motors Co's majority-owned Cruise self-driving car unit said on Tuesday it received a $1.15 billion investment from a consortium of investors, valuing the subsidiary at $19 billion......»»

Ahead of an initial public offering expected nex.....»»

Uber's autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering......»»

Uber Technologies Inc. late Thursday announced a .....»»

Uber's autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp , giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering......»»

Uber Technologies Inc is nearing a deal with a group, including SoftBank Group Corp, to invest in its self-driving car unit to be valued at $7.25 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter......»»

The investment would give the unit a value of $5 billion to $10 billion......»»

The investment would give the unit a value of $5 billion to $10 billion......»»

A group .....»»

A group of investors led by.....»»

A consortium that includes SoftBank Group Corp is in late-stage talks to invest $1 billion or more into Uber Technologies Inc's self-driving vehicle unit, the Wall Street Journal reported on Wednesday, citing people familiar with the negotiations......»»

Alphabet Inc’s  (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo is in talks with outside investors to raise as much as $4 billion to fund its autonomous driving efforts, read more.....»»

TuSimple Holdings Inc. is set to go public Thursday, after the self-driving trucks maker.....»»

Sixteen Bay Area companies raised more than $1.3 billion in venture funding at midweek. Here's more on that and other venture news from the region. Funding Waymo LLC, Mountain View, $750 million: The self-driving car unit of Alphabet Inc. brought.....»»

Waymo, the self-driving unit of Alphabet Inc. that is continuing to expand its Arizona operations, has raised $2.25 billion in funding, mostly from outside investors. It is the first external investment for the Mountain View-based autonomous vehi.....»»

Waymo, the self-driving unit of Alphabet Inc , said on Monday it had raised $2.25 billion in its first external investment round and expects to add more outside investors......»»