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Uber Sells Self-Driving Car Project to Aurora at $4 Billion

By on December 8, 2020

Uber in addition to selling its autonomous driving unit is also investing $400 million in the Aurora self-driving car startup.Transportation giant Uber Technologies Inc (NYSE: UBER) announced on Monday that the company has agreed to sell its self-driving car project to Aurora, a Silicon Valley start-up, in a bid to increase the company’s profitability. Uber, over the years, spent millions of dollars on the self-driving car initiative, a move which its executive strongly believed was vital in taking the company to the next level in terms of profit.Uber in addition to selling its autonomous driving unit, Uber Advanced Technologies Group

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