March 14, 2019 08:13 AM IST | Auto
SoftBank, others in talks to invest $1 billion in Uber's self-driving unit
SoftBank Vision Fund is the largest shareholder in Uber with a 15 percent stake.
The news of investment talks was first reported by Wall Street Journal, which said the talks could still fall apart but if there is a deal, it could surface next month.
The ride-hailing company, which last year lost about $3.3 billion, is betting on a transition to self-driving cars to eliminate the need to pay drivers.
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