Uber Is Looking To Sell Its Self-Driving Car Division

  • Date: 11/16/2020

Uber is looking to sell its self-driving car division, officially known as the Uber Advanced Technologies Group, as it narrows its focus on its core business.

As recently as eighteen months ago, Uber Advanced Technologies Group was valued at $7.25 billion following $1 billion in investments from the likes of Toyota, DENSO, and SoftBank’s Vision Fund. Fast forward to November 2011 and autonomous vehicle startup Aurora Innovations is in the box seat to purchase Uber ATG.

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