Will Uber Sell its Autonomous Unit?
Nov. 16, 2020—Uber may sell its autonomous vehicle unit to its competitor, Aurora Innovation.
According to The Verge, Uber Advanced Technologies Group was valued at $7.25 billion last July, but has since dropped due to ongoing issues.
Over the last nine months, Uber's ATG segment lost approximately $303 million. Meanwhile, Aurora Innovation is valued at $2.5 billion.