News > Uber Is Giving Self-Driving Car Project to a Start-Up

Uber Is Giving Self-Driving Car Project to a Start-Up

Evening Standard | 12/12/2020 06:04 PM | Click to read full article

Uber, which spent hundreds of millions of dollars on a self-driving car project, is handing the autonomous vehicle effort over to a Silicon Valley start-up, the companies said on Monday.

Uber will also invest $400 million in the start-up, called Aurora, so it is essentially paying the company to take over the autonomous car operation, which had become a financial and legal headache. Uber is likely to license whatever technology Aurora manages to create.

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