Uber ATG
AI pioneer Raquel Urtasun launches self-driving technology startup with backing from Khosla, Uber and Aurora
One of the lingering mysteries from Uber’s sale of its Uber ATG self-driving unit to Aurora has been solved. Raquel Urtasun, the AI pioneer who was the chief scientist at…
Autonomous vehicle pioneers Karl Iagnemma and Chris Urmson are coming to TC Sessions: Mobility 2021
Long before the multimillion-dollar acquisitions and funding rounds pushed autonomous vehicles to the top of the hype cycle, Karl Iagnemma and Chris Urmson were researching and, later, developing the foundations…
Autonomous vehicle company Aurora Innovation sent offers Thursday to more than 75% of employees at Uber Advanced Technologies Group, just a week after announcing plans to acquire the self-driving subsidiary,…
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Uber sells self-driving unit Uber ATG in deal that will push Aurora’s valuation to $10B
Aurora Innovation, the autonomous vehicle startup backed by Sequoia Capital and Amazon, has reached an agreement with Uber to buy the ride-hailing firm’s self-driving unit in a complex deal that will value the combined company at $10 billion. Aurora is not paying cash for Uber ATG, a company that was…
Eighteen months ago, Uber’s self-driving car unit, Uber Advanced Technologies Group, was valued at $7.25 billion following a $1 billion investment from Toyota, DENSO and SoftBank’s Vision Fund. Now, it’s…
Uber spent $457 million last year on research and development of autonomous vehicles, flying cars (known as eVTOLs) and other “technology programs” and will continue to invest heavily in the…
Uber’s Advanced Technologies Group has a new version of its testing transport truck for autonomous tech. The new model features an updated technology stack, including a 64-channel spinning LiDAR array,…
