Japanese automaker Toyota Motor has agreed to invest a total of $600 million in Chinese ride-hailing giant Didi Chuxing and the two companies’ joint venture with GAC Toyota, Didi said in a statement Thursday. The strategic partnership with Toyota is part of Didi’s effort to make sure it can provide its drivers with enough cars as well as vehicle-related services. Didi said its joint venture...
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Chatbot Startup Character Seeks $250 Million, Testing Investor Appetite for AI
Character, an AI chatbot startup founded by two former Google researchers, has told investors it wants to raise as much as $250 million in new funding, according to two people with direct knowledge of the matter. The pitch will test investors’ appetite for machine-learning startups as Microsoft’s multibillion-dollar deal with OpenAI casts a halo over the sector. A funding round of...
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