Toyota pumps $500 million into Uber’s self-driving initiative
Automotive giant Toyota is pumping $500 million into Uber’s self-driving car initiative to help ensure both companies emerge as leaders in the space.
Competition is heating up in the autonomous driving business. Analysts from Research and Markets predict the industry will be worth $126.8 billion by 2027, so it’s little wonder so many firms are looking for their slice of the pie.
Toyota and Uber are both seen as lagging behind the competition...