Uber to sell autonomous car division to startup Aurora

San Francisco (AFP) – Uber agreed to sell its autonomous car division to Aurora in a deal that gives the ride-hailing giant a stake in the startup developing self-driving technology, the companies said Monday. As part of the deal, Uber will invest $400 million in Aurora to merge the teams from both firms seeking to advance the technology for autonomous ride-hailing and will hold a 26 percent stake in Aurora. “By adding the people and technology of Uber’s Advanced Technologies Group to the incredible group we’ve already assembled at Aurora, we’re shifting the landscape of the automated vehicle …

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