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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 forÂ $1 billionÂ Uber acquired Otto for $680 millionÂ Ford acquired Argo AI for $1Â 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 regulatedâ€ is practically nothing new in traditional finance (wink, wink, nudge, nudgeâ€¦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.