https://www.cnbc.com/2018/03/02/toyota-venture-to-spend-2-point-8-billion-to-develop-self-driving-technology.html >Toyota said a new venture would be investing more than $2.8 billion to develop automated-driving software — the latest salvo in an increasingly frenetic battle to be ahead in a sector hit by a slew of disruptive technologies. >The Tokyo-based venture, which will bring together some 1,000 employees including new hires, will be 90 percent held by Toyota with group suppliers Denso and Aisin Seiki each taking 5 percent.