Uber partnered with Waymo.
Uber's one of the largest investor is banking on GM Cruise.
GM have 10% stake in Lyft (Uber's competitor)
haha top investing firm and companies showing how they diversify.
“There is more exclusivity between GM and SoftBank. We have agreed to a 7-year term before each of us can seek capital outside of this partnership which is a “good runway” to get that technology growth going, he said.”
$2.35 billion isn’t enough for 7 years with all the scaling to be done in that time. This means that SB will have them over a barrel if they need more money within 7 years. Also, how is this a two way exclusivity? Clearly SB has more Vision Fund money to invest and transportation is a pillar in their investment thesis.