Autonomous vehicle startup Aurora in final talks to merge with Reid Hoffman's newest SPAC

Autonomous vehicle startup Aurora is close to finalizing a deal to merge with Reinvent Technology Partners Y, the newest special purpose acquisition company launched by LinkedIn co-founder and investor Reid Hoffman, Zynga founder Mark Pincus and managing partner Michael Thompson, according to several sources familiar with the talks. Reinvent Technology Partners Z merged with home insurance startup Hippo. Their latest SPAC, known as Reinvent Technology Partners Y, priced its initial public offering of 85 million units at $10 per unit to raise $850 million. Story continuesWhile Hoffman and Reinvent showing up on two sides of a SPAC deal would be unusual, it is not unprecedented. Aurora more recently said it reached an agreement with Volvo to jointly develop autonomous semi-trucks for North America.