SoftBank’s Billion-Dollar Bet On The Future Of AI Trucking

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SoftBank Group Corp – ADR (OTC:SFTBY) known for its tech industry stakes, recently invested in an autonomous trucking startup, Stack AV. The startup, led by founders formerly associated with the self-driving unit of Ford Motor Company (NYSE:F) and Volkswagen AG (OTC:VWAGY), reportedly secured an investment believed to be north of $1 billion from SoftBank. SoftBank’s association with the Pittsburgh-based Stack AV merges their expansive ambitions in the artificial intelligence (AI) sector with the startup’s goals to revolutionize the logistics and supply chain industry, according to Bloomberg, w…

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