Chinese ride-hailing huge Didi Chuxing Innovation Co. raised more than $500 million in a funding round led by SoftBank Group Corp. for its autonomous-driving subsidiary, the company stated Friday, as it takes on well-backed U.S. startups over self-driving technology.
The fresh boost in capital led by SoftBank’s Vision Fund 2, the successor to the Japanese tech financier’s $100 billion Vision Fund, will be utilized to evaluate, develop and release Didi’s autonomous-driving technology, Didi said. The business is likewise preparing to work …
%%.
source https://jobsearchtips.net/chinas-didi-raises-more-than-500-million-for-self-driving-tech/
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