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Uber's self-driving car unit raises $1B from Toyota, Denso and Vision Fund ahead of spin-out

Jon Russell
Uber's self-driving car unit raises $1B from Toyota, Denso and Vision Fund ahead of spin-out

Uber has confirmed it will spin out its self-driving car business after theunit closed $1 billion in funding from Toyota, auto-parts maker Denso andSoftBank's Vision Fund