Toyota and SoftBank Revive Uber’s Self-Driving Car Unit With $1B Investment

Toyota and SoftBank Revive Uber’s Self-Driving Car Unit With $1B Investment:

ATG is to get a $1B investment from Toyota, Denso, and Japan’s SoftBank.

The deal values ATG at $7.25B  and it adds on to Toyota’s investment of $500M million –  Toyota and Uber said they would also work together to build a test fleet of autonomous Sienna minivans. SoftBank is already an Uber investor and has invested in GM’s Cruise autonomous-driving division as well.

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