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January 10, 2018 01:56 am GMT

Renault-Nissan-Mitsubishi launches $1 billion corporate venture capital fund

The world’s largest automaker, Renault–Nissan–Mitsubishi, has launched a $1 billion corporate venture capital fund to focus on investments in “new mobility” including electrification, autonomous systems, network connectivity and artificial intelligence. Called Alliance Ventures, the fund has already made its first investment, taking an equity stake for an… Read More

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