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Uber Technologies Inc. sold its self-driving car division to Aurora Innovation Inc. and took a stake in the startup, creating a larger competitor to the leader in the field, Alphabet Inc.’s Waymo.
Lucid Group Inc., a Nasdaq-traded automaker, will build the vehicles. Venture-backed startup Nuro Inc. is set to provide ...
Uber is investing $300 million in electric vehicle maker Lucid for a robotaxi venture. Starting in a U.S. city in 2026, Uber ...
Uber will invest $300 million in electric vehicle maker Lucid to launch a robotaxi service with 20,000 Lucid Gravity SUVs ...
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Zacks Investment Research on MSNAre Uber's AV Partnerships a Catalyst for Future Returns?Uber Technologies UBER signed a deal with China’s internet giant Baidu BIDU as part of its efforts to tap into the rapidly ...
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InvestorsHub on MSNLucid Shares Skyrocket on Strategic Deal with Uber and Nuro for Autonomous RobotaxisLucid Group (NASDAQ:LCID) stock soared by 35% after unveiling a landmark partnership with Uber Technologies (NYSE:UBER) and ...
Uber on Tuesday announced a partnership with Daimler that'll see the German automaker develop and deploy its own fleet of self-driving vehicles on Uber's massive ridesharing network. In revealing ...
Two years after Uber paid $680 million to buy the self-driving truck startup Otto, the company is folding that effort. In this photo from 2016, an Otto engineer sits behind the steering wheel of a ...
Uber didn’t necessarily get into self-driving cars to make friends. It launched its program in Pittsburgh by gutting the robotics program at Carnegie Mellon University, after all.But in the ...
As part of the arrangement, Baidu will introduce thousands of its Apollo Go autonomous vehicles on Uber’s platform in areas ...
Units like Uber’s self-driving car initiative cost a lot of money and require a lot of manpower. A new, large investment would ease up the financial burden for the company and also potentially ...
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