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Autonomous Driving Startup Aurora Inc to Go Public in a SPAC Deal With a $13 Billion Valuation

【Summary】Autonomous driving startup Aurora Inc., co-founded by three industry veterans, plans to go public in a merger with special purpose acquisition company (SPAC) Reinvent Technology Partners Y, a firm led by LinkedIn co-founder Reid Hoffman and Mark Pincus, the founder of game developer Zynga. The transaction will value Aurora at roughly $13 billion and represents the latest high-profile SPAC deal. Eric Walz Jul 15, 2021 1:30 PM PT author: Eric Walz Aurora is working on self-driving technology for trucks and passenger vehicles. Autonomous driving startup Aurora Inc. plans to go public in a merger with special purpose acquisition company (SPAC) SPAC deals with Reinvent Technology Partners Y, a company led by LinkedIn co-founder Reid Hoffman and Mark Pincus, the founder of game developer Zynga.

United statesReid hoffmanDara khosrowshahiMark pincusChris urmsonBaillie giffordEric walzAurora innovation incT rowe price associatesVolvo groupCarnegie mellon universityAurora incUber advanced technologies group in pittsburghUber advanced technologies groupAutonomous driving startup aurora incTechnology partners

Toyota and Denso team with Aurora on self-driving minivans

Toyota and longtime supplier partner Denso will team up with self-driving car startup Aurora to develop and build autonomous minivans for ride hailing networks

Uber technologieJapan softbank groupTechnologies group uberSan francisco based auroraGeneral motorAdvanced technologies groupஉபேர் தொழில்நுட்பம்ஜப்பான் சாப்ட் பேங்க் குழுதொழில்நுட்பங்கள் குழு உபேர்சான் பிரான்சிஸ்கோ அடிப்படையிலானது அரோராஜநரல் மோட்டார்

Toyota, Denso team with Aurora on self-driving cars for Uber, others

By Reuters Staff 3 Min Read DETROIT (Reuters) - Toyota Motor Corp and longtime supplier partner Denso Corp will team up with self-driving car startup Aurora to develop and build autonomous minivans for ride hailing networks, the companies said on Tuesday. FILE PHOTO: The logo of Toyota carmaker is seen on a car in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo/File Photo The deal gives San Francisco-based Aurora a clearer path to profitability as it competes with Alphabet Inc’s Waymo, General Motors Co’s majority-owned Cruise and Argo AI, whose principal investors are Ford Motor Co and Volkswagen AG.

Bernadette baumUber technologiePaul lienertThomson reuters trust principlesFord motor coToyota motor corpAlphabet inc waymoJapan softbank groupDenso corpTechnologies group uberMotors coMotor corpSan francisco based auroraAlphabet incAdvanced technologies groupThomson reuters trust

Autonomous & Self-Driving Vehicle News: Chevy, Hyundai, Aurora, Uber, Velodyne, Synopsis & AImotive

Autonomous & Self-Driving Vehicle News: Chevy, Hyundai, Aurora, Uber, Velodyne, Synopsis & AImotive
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United statesAnand gopalanRajiv maheshwaryDara khosrowshahiSynopsy verdiEui sun chungMarton feherAlexander schmittSoftbank group corpSynopsys incHyundai motor groupVerification group at synopsysVelodyne lidar incHyundai motor group to acquire controlling interestHyundai motor coHyundai mobis co