Friday, June 1, 2018

Does It Seem SoftBank Is Investing In Every Transportation Company They Can Find?

Following on yesterday's "GM Soars After SoftBank Invests $2.25BN In Its Driverless-Car Unit".
From Reuters:
Japanese investment group SoftBank (9984.T), through a variety of affiliated companies such as its $100-billion SoftBank Vision Fund, holds stakes in more than a dozen startup companies involved in some aspect of future transportation....
YourMechanic – on-demand maintenance/repairs
Manbang – logistics

Mapbox – mapping/localization
Nauto – data analytics/management
Innoviz – lidar
Brain – AI/machine learning
Mythic – AI/machine learning

It's not just the start-ups, among other related technologies, Softbank contributed their $5 billion NVIDIA stake to the Vision Fund.