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The fierce market competition is also accelerating self-driving technology development in other organizations, including Lyft and Waymo Billions of dollars have been spent in acquiring startups in this domain: GM acquired Cruise for $1 billion Uber acquired Otto for $680 million Ford acquired Argo AI for $1 billion and Intel acquired Mobileye for $15.three billion.
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This aids businesses grow and provide new services and items without having needing the physical infrastructure to do so. Cloud computing has produced it achievable for businesses to outsource a lot of of their functions to third parties using the internet. Although senior SEC officials leaving their posts to take high-paying jobs with the firms they formerly regulated†is practically nothing new in traditional finance (wink, wink, nudge, nudge…the very good ol’ boy network is alive and well!), it seems that the SEC has also firmly elbowed its way into the crypto space as well.