Amazon, Uber-Backed Driverless Vehicle Startup Aurora Aims Public Listing $11B SPAC Merger

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Amazon, Uber-Backed Driverless Vehicle Startup Aurora Aims Public Listing $11B SPAC Merger

Benzinga2021-07-16

Driverless vehicle startup Aurora plans to go public via SPAC (special purpose acquisition company) merger with Reinvent Technology Partners Y (NASDAQ: RTPY). LinkedIn co-founder Reid Hoffman and tech...

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HEYEOH
·2021-07-16
Quickly grab money from market before correction
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Aoyjai
·2021-07-16
Quickly grab money from market before correction
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littlekitten
·2021-07-16
Cool!
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It will also get around $2 billion in fresh funding, positioning it to launch its first autonomous product in 2023.\nCEO Chris Urmson, Sterling Anderson, who led Tesla Inc's (NASDAQ: TSLA) Autopilot efforts, and Uber executive Drew Bagnell founded Aurora in 2016 amid a boom in robotaxi startups, the Financial Times reports.\nAurora is hugely invested in simulation and virtual development tools and claims to drive the equivalent of 22 million miles per day.\nEarlier this year, Aurora collaborated with Volvo AB (OTC: VLVLY) Trucks and PACCAR Inc (NASDAQ: PCAR), the maker of heavy-duty trucks.\nIt also has partnerships with Uber, Toyota Motor Corp (NYSE: TM), and Japanese parts supplier Denso Corp (OTC: DNZOY).\nUber, Paccar, and Volvo are contributing to the $1 billion in new funding.\nPrice action: RTPY shares traded higher by 1.42% at $9.99 on the last check Thursday.\nPhoto courtesy by Company","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":170177037,"gmtCreate":1626416435329,"gmtModify":1703759752146,"author":{"id":"3582007328932461","authorId":"3582007328932461","name":"HEYEOH","avatar":"https://static.tigerbbs.com/c45d4be430134ef68c1a287611337dd4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582007328932461","idStr":"3582007328932461"},"htmlText":"Quickly grab money from market before correction","listText":"Quickly grab money from market before correction","text":"Quickly grab money from market before correction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170177037","repostId":2151575292,"repostType":4,"repost":{"id":"2151575292","kind":"news","pubTimestamp":1626386029,"share":"https://ttm.financial/m/news/2151575292?lang=&edition=fundamental","pubTime":"2021-07-16 05:53","market":"us","language":"en","title":"Amazon, Uber-Backed Driverless Vehicle Startup Aurora Aims Public Listing $11B SPAC Merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2151575292","media":"Benzinga","summary":"Driverless vehicle startup Aurora plans to go public via SPAC (special purpose acquisition company) ","content":"<p><img src=\"https://static.tigerbbs.com/75d08d51d4c0dd75850d62d0217914f6\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>Driverless vehicle startup Aurora&nbsp;plans to go public&nbsp;via&nbsp;SPAC&nbsp;(special purpose acquisition company) merger with&nbsp;<b><a href=\"https://laohu8.com/S/RTPY\">Reinvent Technology Partners Y</a>&nbsp;</b>(NASDAQ: RTPY).</li>\n <li>LinkedIn co-founder Reid Hoffman and tech entrepreneur Mark Pincus set up the SPAC.</li>\n <li>The deal values&nbsp;<b>Amazon.com Inc</b>&nbsp;(NASDAQ: AMZN) and&nbsp;<b>Uber Technologies Inc</b>&nbsp;(NYSE: UBER)- backed startup at $11 billion. It will also get around $2 billion in fresh funding, positioning it to launch its first autonomous product in 2023.</li>\n <li>CEO Chris Urmson, Sterling Anderson, who led&nbsp;<b>Tesla Inc's</b>&nbsp;(NASDAQ: TSLA) Autopilot efforts, and Uber executive Drew Bagnell founded Aurora in 2016 amid a boom in robotaxi startups, the&nbsp;Financial Times reports.</li>\n <li>Aurora is hugely invested in simulation and virtual development tools and claims to drive the equivalent of 22 million miles per day.</li>\n <li>Earlier this year, Aurora collaborated with&nbsp;<b>Volvo AB</b>&nbsp;(OTC: VLVLY) Trucks and&nbsp;<b>PACCAR Inc&nbsp;</b>(NASDAQ: PCAR), the maker of heavy-duty trucks.</li>\n <li>It also has partnerships with Uber,&nbsp;<b>Toyota Motor Corp&nbsp;</b>(NYSE: TM), and Japanese parts supplier&nbsp;<b>Denso Corp&nbsp;</b>(OTC: DNZOY).</li>\n <li>Uber, Paccar, and Volvo are contributing to the $1 billion in new funding.</li>\n <li><b>Price action:</b>&nbsp;RTPY shares traded higher by 1.42% at $9.99 on the last check Thursday.</li>\n <li><i>Photo courtesy by&nbsp;Company</i></li>\n</ul>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon, Uber-Backed Driverless Vehicle Startup Aurora Aims Public Listing $11B SPAC Merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 05:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/amazon-uber-backed-driverless-vehicle-185349952.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Driverless vehicle startup Aurora plans to go public via SPAC (special purpose acquisition company) merger with Reinvent Technology Partners Y (NASDAQ: RTPY).\nLinkedIn co-founder Reid Hoffman and tech...</p>\n\n<a href=\"https://finance.yahoo.com/news/amazon-uber-backed-driverless-vehicle-185349952.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/amazon-uber-backed-driverless-vehicle-185349952.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2151575292","content_text":"Driverless vehicle startup Aurora plans to go public via SPAC (special purpose acquisition company) merger with Reinvent Technology Partners Y (NASDAQ: RTPY).\nLinkedIn co-founder Reid Hoffman and tech entrepreneur Mark Pincus set up the SPAC.\nThe deal values Amazon.com Inc (NASDAQ: AMZN) and Uber Technologies Inc (NYSE: UBER)- backed startup at $11 billion. It will also get around $2 billion in fresh funding, positioning it to launch its first autonomous product in 2023.\nCEO Chris Urmson, Sterling Anderson, who led Tesla Inc's (NASDAQ: TSLA) Autopilot efforts, and Uber executive Drew Bagnell founded Aurora in 2016 amid a boom in robotaxi startups, the Financial Times reports.\nAurora is hugely invested in simulation and virtual development tools and claims to drive the equivalent of 22 million miles per day.\nEarlier this year, Aurora collaborated with Volvo AB (OTC: VLVLY) Trucks and PACCAR Inc (NASDAQ: PCAR), the maker of heavy-duty trucks.\nIt also has partnerships with Uber, Toyota Motor Corp (NYSE: TM), and Japanese parts supplier Denso Corp (OTC: DNZOY).\nUber, Paccar, and Volvo are contributing to the $1 billion in new funding.\nPrice action: RTPY shares traded higher by 1.42% at $9.99 on the last check Thursday.\nPhoto courtesy by Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147755392,"gmtCreate":1626392919216,"gmtModify":1703759147518,"author":{"id":"3578371382142637","authorId":"3578371382142637","name":"Aoyjai","avatar":"https://static.tigerbbs.com/9dcf5c34602d2433f3133ca6c6fece6a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3578371382142637","idStr":"3578371382142637"},"htmlText":"Quickly grab money from market before correction&nbsp;","listText":"Quickly grab money from market before correction&nbsp;","text":"Quickly grab money from market before correction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147755392","repostId":2151575292,"repostType":4,"repost":{"id":"2151575292","kind":"news","pubTimestamp":1626386029,"share":"https://ttm.financial/m/news/2151575292?lang=&edition=fundamental","pubTime":"2021-07-16 05:53","market":"us","language":"en","title":"Amazon, Uber-Backed Driverless Vehicle Startup Aurora Aims Public Listing $11B SPAC Merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2151575292","media":"Benzinga","summary":"Driverless vehicle startup Aurora plans to go public via SPAC (special purpose acquisition company) ","content":"<p><img src=\"https://static.tigerbbs.com/75d08d51d4c0dd75850d62d0217914f6\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>Driverless vehicle startup Aurora&nbsp;plans to go public&nbsp;via&nbsp;SPAC&nbsp;(special purpose acquisition company) merger with&nbsp;<b><a href=\"https://laohu8.com/S/RTPY\">Reinvent Technology Partners Y</a>&nbsp;</b>(NASDAQ: RTPY).</li>\n <li>LinkedIn co-founder Reid Hoffman and tech entrepreneur Mark Pincus set up the SPAC.</li>\n <li>The deal values&nbsp;<b>Amazon.com Inc</b>&nbsp;(NASDAQ: AMZN) and&nbsp;<b>Uber Technologies Inc</b>&nbsp;(NYSE: UBER)- backed startup at $11 billion. It will also get around $2 billion in fresh funding, positioning it to launch its first autonomous product in 2023.</li>\n <li>CEO Chris Urmson, Sterling Anderson, who led&nbsp;<b>Tesla Inc's</b>&nbsp;(NASDAQ: TSLA) Autopilot efforts, and Uber executive Drew Bagnell founded Aurora in 2016 amid a boom in robotaxi startups, the&nbsp;Financial Times reports.</li>\n <li>Aurora is hugely invested in simulation and virtual development tools and claims to drive the equivalent of 22 million miles per day.</li>\n <li>Earlier this year, Aurora collaborated with&nbsp;<b>Volvo AB</b>&nbsp;(OTC: VLVLY) Trucks and&nbsp;<b>PACCAR Inc&nbsp;</b>(NASDAQ: PCAR), the maker of heavy-duty trucks.</li>\n <li>It also has partnerships with Uber,&nbsp;<b>Toyota Motor Corp&nbsp;</b>(NYSE: TM), and Japanese parts supplier&nbsp;<b>Denso Corp&nbsp;</b>(OTC: DNZOY).</li>\n <li>Uber, Paccar, and Volvo are contributing to the $1 billion in new funding.</li>\n <li><b>Price action:</b>&nbsp;RTPY shares traded higher by 1.42% at $9.99 on the last check Thursday.</li>\n <li><i>Photo courtesy by&nbsp;Company</i></li>\n</ul>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon, Uber-Backed Driverless Vehicle Startup Aurora Aims Public Listing $11B SPAC Merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon, Uber-Backed Driverless Vehicle Startup Aurora Aims Public Listing $11B SPAC Merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 05:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/amazon-uber-backed-driverless-vehicle-185349952.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Driverless vehicle startup Aurora plans to go public via SPAC (special purpose acquisition company) merger with Reinvent Technology Partners Y (NASDAQ: RTPY).\nLinkedIn co-founder Reid Hoffman and tech...</p>\n\n<a href=\"https://finance.yahoo.com/news/amazon-uber-backed-driverless-vehicle-185349952.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/amazon-uber-backed-driverless-vehicle-185349952.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2151575292","content_text":"Driverless vehicle startup Aurora plans to go public via SPAC (special purpose acquisition company) merger with Reinvent Technology Partners Y (NASDAQ: RTPY).\nLinkedIn co-founder Reid Hoffman and tech entrepreneur Mark Pincus set up the SPAC.\nThe deal values Amazon.com Inc (NASDAQ: AMZN) and Uber Technologies Inc (NYSE: UBER)- backed startup at $11 billion. It will also get around $2 billion in fresh funding, positioning it to launch its first autonomous product in 2023.\nCEO Chris Urmson, Sterling Anderson, who led Tesla Inc's (NASDAQ: TSLA) Autopilot efforts, and Uber executive Drew Bagnell founded Aurora in 2016 amid a boom in robotaxi startups, the Financial Times reports.\nAurora is hugely invested in simulation and virtual development tools and claims to drive the equivalent of 22 million miles per day.\nEarlier this year, Aurora collaborated with Volvo AB (OTC: VLVLY) Trucks and PACCAR Inc (NASDAQ: PCAR), the maker of heavy-duty trucks.\nIt also has partnerships with Uber, Toyota Motor Corp (NYSE: TM), and Japanese parts supplier Denso Corp (OTC: DNZOY).\nUber, Paccar, and Volvo are contributing to the $1 billion in new funding.\nPrice action: RTPY shares traded higher by 1.42% at $9.99 on the last check Thursday.\nPhoto courtesy by Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147794192,"gmtCreate":1626390506016,"gmtModify":1703759063262,"author":{"id":"3584860762907200","authorId":"3584860762907200","name":"littlekitten","avatar":"https://static.tigerbbs.com/ccd59ff6c96999c839e3b5709cfb00ef","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3584860762907200","idStr":"3584860762907200"},"htmlText":"Cool!","listText":"Cool!","text":"Cool!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147794192","repostId":2151575292,"repostType":4,"repost":{"id":"2151575292","kind":"news","pubTimestamp":1626386029,"share":"https://ttm.financial/m/news/2151575292?lang=&edition=fundamental","pubTime":"2021-07-16 05:53","market":"us","language":"en","title":"Amazon, Uber-Backed Driverless Vehicle Startup Aurora Aims Public Listing $11B SPAC Merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2151575292","media":"Benzinga","summary":"Driverless vehicle startup Aurora plans to go public via SPAC (special purpose acquisition company) ","content":"<p><img src=\"https://static.tigerbbs.com/75d08d51d4c0dd75850d62d0217914f6\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>Driverless vehicle startup Aurora&nbsp;plans to go public&nbsp;via&nbsp;SPAC&nbsp;(special purpose acquisition company) merger with&nbsp;<b><a href=\"https://laohu8.com/S/RTPY\">Reinvent Technology Partners Y</a>&nbsp;</b>(NASDAQ: RTPY).</li>\n <li>LinkedIn co-founder Reid Hoffman and tech entrepreneur Mark Pincus set up the SPAC.</li>\n <li>The deal values&nbsp;<b>Amazon.com Inc</b>&nbsp;(NASDAQ: AMZN) and&nbsp;<b>Uber Technologies Inc</b>&nbsp;(NYSE: UBER)- backed startup at $11 billion. It will also get around $2 billion in fresh funding, positioning it to launch its first autonomous product in 2023.</li>\n <li>CEO Chris Urmson, Sterling Anderson, who led&nbsp;<b>Tesla Inc's</b>&nbsp;(NASDAQ: TSLA) Autopilot efforts, and Uber executive Drew Bagnell founded Aurora in 2016 amid a boom in robotaxi startups, the&nbsp;Financial Times reports.</li>\n <li>Aurora is hugely invested in simulation and virtual development tools and claims to drive the equivalent of 22 million miles per day.</li>\n <li>Earlier this year, Aurora collaborated with&nbsp;<b>Volvo AB</b>&nbsp;(OTC: VLVLY) Trucks and&nbsp;<b>PACCAR Inc&nbsp;</b>(NASDAQ: PCAR), the maker of heavy-duty trucks.</li>\n <li>It also has partnerships with Uber,&nbsp;<b>Toyota Motor Corp&nbsp;</b>(NYSE: TM), and Japanese parts supplier&nbsp;<b>Denso Corp&nbsp;</b>(OTC: DNZOY).</li>\n <li>Uber, Paccar, and Volvo are contributing to the $1 billion in new funding.</li>\n <li><b>Price action:</b>&nbsp;RTPY shares traded higher by 1.42% at $9.99 on the last check Thursday.</li>\n <li><i>Photo courtesy by&nbsp;Company</i></li>\n</ul>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon, Uber-Backed Driverless Vehicle Startup Aurora Aims Public Listing $11B SPAC Merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon, Uber-Backed Driverless Vehicle Startup Aurora Aims Public Listing $11B SPAC Merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 05:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/amazon-uber-backed-driverless-vehicle-185349952.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Driverless vehicle startup Aurora plans to go public via SPAC (special purpose acquisition company) merger with Reinvent Technology Partners Y (NASDAQ: RTPY).\nLinkedIn co-founder Reid Hoffman and tech...</p>\n\n<a href=\"https://finance.yahoo.com/news/amazon-uber-backed-driverless-vehicle-185349952.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司","UBER":"优步"},"source_url":"https://finance.yahoo.com/news/amazon-uber-backed-driverless-vehicle-185349952.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2151575292","content_text":"Driverless vehicle startup Aurora plans to go public via SPAC (special purpose acquisition company) merger with Reinvent Technology Partners Y (NASDAQ: RTPY).\nLinkedIn co-founder Reid Hoffman and tech entrepreneur Mark Pincus set up the SPAC.\nThe deal values Amazon.com Inc (NASDAQ: AMZN) and Uber Technologies Inc (NYSE: UBER)- backed startup at $11 billion. It will also get around $2 billion in fresh funding, positioning it to launch its first autonomous product in 2023.\nCEO Chris Urmson, Sterling Anderson, who led Tesla Inc's (NASDAQ: TSLA) Autopilot efforts, and Uber executive Drew Bagnell founded Aurora in 2016 amid a boom in robotaxi startups, the Financial Times reports.\nAurora is hugely invested in simulation and virtual development tools and claims to drive the equivalent of 22 million miles per day.\nEarlier this year, Aurora collaborated with Volvo AB (OTC: VLVLY) Trucks and PACCAR Inc (NASDAQ: PCAR), the maker of heavy-duty trucks.\nIt also has partnerships with Uber, Toyota Motor Corp (NYSE: TM), and Japanese parts supplier Denso Corp (OTC: DNZOY).\nUber, Paccar, and Volvo are contributing to the $1 billion in new funding.\nPrice action: RTPY shares traded higher by 1.42% at $9.99 on the last check Thursday.\nPhoto courtesy by Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":13,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}