Samsung launches $300M autonomous driving fund, puts $90M into TTTech



Not to be outpaced in the connected car market by other tech giants, today the world’s largest smartphone maker, Samsung, announced two major pieces of news to further its place in the next generation of automotive technology. It has launched the Samsung Automotive Innovation Fund, a $300 million fund to back startups and other interesting bets in the automotive market. Alongside this, Samsung has put €75 million (nearly $90 million) into TTTech, an Austria-based developer of…

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