Bloomberg Sequoia-backed PlusAI Inc is close to raising about $200 million in new funds at a valuation of more than $1 billion to bankroll its development in autonomous trucks, according to people familiar with the matter. The self-driving truck startup is working with advisers on the funding round with plans to set up a joint venture with one of the …

Bloomberg When athletes and organisers descend on Tokyo for the 2020 Olympic Games, they’ll be ferried around in autonomous cars, while torch relay runners will be accompanied by AI-equipped cars. Robots will ferry javelins and hammers. All told, Toyota Motor Corp will provide 3,700 vehicles, including dozens of self-driving cars, about 500 fuel-cell vehicles and 850 battery-electric cars to the …

Bloomberg Mark Carney laid out a radical proposal for an overhaul of the global financial system that would eventually replace the dollar as a reserve currency with a Libra-like virtual one. Just a few months before he steps down as Bank of England governor, Carney offered his vision for the international economy at a time of sweeping change. Trade wars …