Funding is pouring in to companies trying to crack self-driving tech
The self-driving software firm Embark Trucks said Wednesday it plans to go public in a deal that would raise more than $600 million and value the company at more than $5 billion. Then there’s Alphabet’s Waymo, which just raised $2.5 billion in fresh funding as it tries to expand its self-driving taxi fleet outside of Phoenix. And General Motors has increased its planned investment in autonomous vehicles.