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

Waymo, the self-driving unit of Alphabet Inc , said on Monday it has raised $2.25 billion in its first external investment round......»»

Waymo, the self-driving unit of Alphabet Inc., on Monday said it has raised $2.25 billion in funding, mostly from outside investors. It is the first external investment for the Mountain View-based autonomous vehicle technology business, which grew out o.....»»

L Brands Inc said on Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as it focuses on its core Bath & Body Works brand......»»

Uber released second-quarter financial results after markets closed Wednesday. The company said that it had a net loss of $4.72 per share and $3.17 billion in revenue, compared with consensus........»»

Volkswagen said Friday that it will invest $2.6 billion in Ford Motor Co.'s self-driving Argo AI auto unit. The German automaker said it will invest $1 billion and will contribute its $1.6 billion Autonomous Intelligent Driving (AID) company to For.....»»

Carmaker Volkswagen will inject $1 billion in capital and $1.6 billion worth of assets into Ford's self-driving unit, a source close to the matter said on Friday, as the two carmakers deepen a global alliance to share costs......»»

Volkswagen AG's $2.6-billion investment in Ford Motor Co's Argo AI self-driving unit, announced on Friday, immediately vaults the two-year-old Pittsburgh-based startup into the top ranks in the sector......»»

Carmaker Volkswagen will inject $2.6 billion into Ford's self-driving unit Argo AI at an overall valuation of $7 billion in the deal, a source close to the matter said on Friday......»»

A U.S. national security panel on Friday approved a $2.25 billion investment by Japan's Softbank in Cruise, a self-driving vehicle firm majority owned by GM, the unit told Reuters, signaling some leeway for investors with deep ties to China......»»

Uber had priced its initial public offering at $45 per share, valuing the company at roughly $82 billion......»»

Some Uber Technologies Inc drivers in the United States and Britain said they will strike on Wednesday, protesting what they call low pay a day before the ride-services company launches its initial public offering, valuing it at as much as $90 billion......»»

General Motors Co.’s self-driving unit drew .....»»

Uber Technologies Inc. will price its highly anticipated initial public offering at between $44 and $50 a share, according to multiple reports late Thursday, valuing the company at between $80 .....»»

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

The investment from Softbank, Denso and Toyota values the division, known as the Advanced Technologies Group (ATG), at $7.25 billion and creates a newly formed corporate entity with its own board......»»

The deal is expected to close in the third quarter, Uber said. Uber Technologies Inc. secured a $1 billion investment from three Japanese companies, ahead of an initial public off.....»»

Uber has expanded beyond rides to food delivery and it's also exploring self-driving cars. The company .....»»

Uber has expanded beyond rides to food delivery and it's also exploring self-driving cars. The company .....»»

Toyota (TM) along with Softbank and others is likely to invest $1 billion in Uber's autonomou.....»»

Securing extra funds for Uber's costly self-dri.....»»