Tag Archives: softbank

Innoviz Technologies Extends Series B Funding to $73 Million

Autonomous Driving LiDAR Tech Innoviz Gets Series B Funding from Delphi and Magna autonomous vehicle urban mobility

New funding from Samsung Catalyst and SoftBank Ventures Korea follows investments from Delphi Automotive, Magna International, others KFAR SABA, ISRAEL — October 31, 2017 — Innoviz Technologies, a leading provider of LiDAR sensing solutions designed for the mass commercialization of autonomous vehicles, announced today an extension of its recent Series B funding round. Bringing the round to $73 million in

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Grab is Set to Raise $1 Billion

As Uber Technologies Inc. turns away from China, a competitor is raising funds to cement its dominance in Southeast Asia and fend off the tech titan based in San Francisco. Uber’s decision to sell its China business to Didi Chuxing Technology Co. is giving Singapore-based Grab renewed confidence it can take on Uber and win on its home turf. Grab

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Honda , Softbank: Sit back, relax, Let the Car do the Talking

On the heels of its $32 billion takeover of chip designer ARM Holdings, SoftBank Corp founder Masayoshi Son is embarking on another “crazy idea”: talking cars that can read a driver’s emotions. The Japanese telecommunications and internet corporation said on Thursday it was teaming up with Honda Motor Co to look at ways of applying SoftBank’s humanoid robotic technology to

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SOFTBANK’s $32 Billion Takeover of ARM

SoftBank Group Corp. unveiled its $32 billion takeover of chip designer ARM Holdings Plc, a deal that marks founder Masayoshi Son’s biggest gamble so far on the future of technology. Son forged a career out of betting early on some of the pivotal technology trends of his time. Now he’s made the biggest bet of his life on a nascent

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