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Fares and Funding
Who pays for the ride.
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SoftBank Invests $225M in Utah's ASI Autonomous Vehicles
2+ week, 2+ day ago (328+ words) ASI's core product, called Mobius, is software that runs entire fleets of self-driving work vehicles, and the company says it works with machines from any major manufacturer rather than being locked to a single equipment brand. ASI plans to use…...
HeroDevs Salt Lake City Secures $125M From PSG
2+ week, 2+ day ago (340+ words) A Salt Lake City tech company that specializes in keeping outdated software safe from hackers just landed a massive infusion of cash. HeroDevs announced it secured a $125 million strategic growth investment from private equity firm PSG, a deal aimed at…...
Utah Audit Faults GOEO Over $249M in Grants
3+ week, 6+ day ago (239+ words) A legislative audit presented Tuesday found that Utah’s economic development office did not consistently verify or document the benefits associated with nearly $249 million awarded to businesses from 2023 through 2025. The findings concern whether required oversight and reporting occurred; they do not…...