Yandex self driving group gets $150 million, partners with Uber to bring autonomous vehicles to U.S.
On paper, a lot is happening with Yandex’s self-driving vehicles. Yandex NV YNDX -1.2%, a Russian multinational company that specializes in Internet-related products and services and sometimes called the Google GOOGL -3% of Russia, will spin-off its autonomous vehicle business and form a new company – Yandex Self Driving Group B.V. (or Yandex SDG) with Uber UBER -0.5%.