Uber seeks to partner with other autonomous companies

Uber seeks to partner with other autonomous companies

Uber’s autonomous driving unit is looking to partner with other companies working on autonomous driving, the company’s chief executive said Wednesday.

“Our view is that we will partner with other freelance providers for a period of time,” Dara khosrowshahi said at the RBC Capital Markets conference when asked about the reports Uber is looking to sell its autonomous driving unit, Advanced Technologies Group (ATG).

He said that Uber could offer competitors, who have invested billions of dollars in developing robotaxis, a large customer base and valuable data on profitable routes generated through your shared ride business.

Reuters reported last week that Uber is in talks to sell its ATG unit to autonomous car startup Aurora, as Uber sought options for the expensive unit, with fully automated vehicles still several years away.

Khosrowshahi declined to comment directly on the reports, but said Uber was looking to create an open network and fund ATG both internally and externally.

“We are going to follow all paths here,” said the CEO.

Khosrowshahi said in May that Uber was open to using technology from competitors in the industry.

ATG has received approximately $ 1 billion (approximately Rs. 7,400 crore) in funds from outside investors, including Toyota and Softbank, and was valued at $ 7.25 billion (roughly Rs. 53.8 billion rupees) earlier this year.

Khosrowshahi said that fully automated vehicles that no longer require human supervision are still ten to 15 years away and their progress depends on local regulation.

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