An Interest In:
Web News this Week
- April 27, 2024
- April 26, 2024
- April 25, 2024
- April 24, 2024
- April 23, 2024
- April 22, 2024
- April 21, 2024
November 14, 2020 10:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/4kCqRrUv3I4/uber-in-talks-to-sell-atg-self-driving-unit-to-aurora
Uber In Talks To Sell ATG Self-Driving Unit To Aurora
Uber is reportedly in talks to sell its $7.25 billion self-driving car unit, Uber Advanced Technologies Group, to competing autonomous vehicle technology startup Aurora Innovation. TechCrunch reports: Aurora Innovation, the startup founded by three veterans of the autonomous vehicle industry who led programs at Google, Tesla and Uber, is in negotiations to buy Uber ATG. Terms of the deal are still unknown, but sources say the two companies have been in talks since October and it is far along in the process. The talks could falter. But if successful, they have the potential to triple Aurora's headcount and allow Uber to unload an expensive long-term play that has sustained several controversies in its short life.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/4kCqRrUv3I4/uber-in-talks-to-sell-atg-self-driving-unit-to-aurora
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot