February is proving to be a blockbuster month for investment in autonomous vehicle companies, with a total of US$1.639 billion being invested in the first half of the month.
Aside from the sheer volume, there are two other striking features to these investments. First, they involve what is believed to be Amazon’s first investment in a firm directly involved in the development of autonomous cars. Second, they include the first investment of Softbank’s Vision Funds following the sale of its stake in US chipmaker Nvidia. Continue reading