Uber ditches effort to develop own self-driving car
by Julia Kollewe from Technology | The Guardian on (#5BC70)
Ride-hailing company sells division to startup Aurora but says they will collaborate
Uber has ditched efforts to develop its own self-driving car with the multibillion-dollar sale of its driverless car division to a Silicon Valley startup.
The ride-hailing company is selling the business, known as Advanced Technologies Group (ATG), for a reported $4bn (3bn) to Aurora, a start-up that makes sensors and software for autonomous vehicles and is backed by Amazon and Sequoia Capital.
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