May 9 – May 17, 2020 We are pleased to share issue #32 of our newsletter on global investments in the auto & mobility sector. Our lead story in Issue 32 is Waymo raising another $750 million in funding from multiple financial investors, which is needed to...
March 2 – March 7, 2020 Issue #26 of our auto & mobility investment newsletter. This week’s featured investment is Alphabet's Waymo raising $2.25 Billion in a fundraising round led by Silver Lake, Canada Pension Plan Investment Board and Mubadala Investment Company. In other developments, FiveAI and...
The Wall Street Journal, March 18, 2018 Baidu, Alibaba and Tencent are betting the auto industry will shift from selling hardware to selling subscriptions to internet-equipped autonomous cars [caption id="attachment_16883" align="alignnone" width="1260"] Baidu, Alibaba and Tencent are colonizing an auto industry increasingly reliant on artificial intelligence, software...
The Information, January 26, 2018 By Shai Oster and Yunan Zhang [caption id="attachment_16810" align="aligncenter" width="300"] The branding for Baidu's Apollo self-driving car system is displayed on a car at the Baidu World Technology Conference in Beijing, China. Photo by Bloomberg[/caption] China is the world’s biggest market for new cars,...