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Yandex spins out self-driving car unit from its Uber JV, invests $150M into new company – TechCrunch

Yandex spins out self-driving car unit from its Uber JV, invests 0M into new company – TechCrunch

Self-driving cars are still many years away from becoming a ubiquitous reality, but today, one of the bigger efforts to build and develop them is taking a significant step out as part of its strategy to be at the forefront for when they do. Yandex — the publicly traded Russian tech giant that started as a search engine but has expanded into a number of other, related areas (similar to U.S. counterpart Google) — today announced that it is spinning out its self-driving car unit from… Source link

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