Toyota subsidiary acquires Lyft self-driving division for $550M

Join Transform 2021 this July 12-16. Register for the AI event of the year. Woven Planet, a newly established Toyota subsidiary, today announced plans to acquire the self-driving division of Lyft, Level 5, in a deal worth $550 million. The companies say that the purchase will bring together roughly 1,200 scientists and software engineers from […]