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They invested a tonne of money in self-driving vehicles. If they didn't intend to utilise them then what on earth were they doing, lighting money on fire for fun?



Uber sold off that division years ago, and is no longer focused on self-driving

https://arstechnica.com/cars/2020/12/uber-sells-self-driving...


> no longer focused on self-driving

Not quite. More like they're partnering with others and staying internally focused on their core competencies, like any good company does.

Section "Get to know our autonomous partners" https://www.uber.com/us/en/autonomous/


Weird, I remember a lot of talk around that time of self-driving cars being their future and the reason why they had such a sky-high valuation. Guess I missed this news mid-Covid


Lighting money on fire to increase valuation. Getting a cab dispatch service to get valued at insane multiples was a master stroke.




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