Uber Selling Self-Driving Unit
Uber is selling its self driving unit to Aurora, in exchange for 26% of the self-driving start-up. Uber is likely to license the technology Aurora creates
Uber has decided to sell its autonomous driving unit (known as Uber ATG) to self-driving startup Aurora. Aurora is led by Chris Urmson, a former Google Engineer who led Google’s original self-driving vehicle program that eventually became Waymo. Interestingly, Aurora’s immediate goal is concentrated on the trucking industry vs. ridesharing (i.e. might be more relevant to Uber Freight’s business for now).
“If you are a passenger in the back of a vehicle and the driver is too cautious, that can be frustrating, and if they are not cautious enough, that’s scary…If you are a roll of toilet paper in the back of a truck, that is a different matter.” - Chris Urmson, Aurora Co-Founder
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