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The company plans to go public later this year.
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The self-driving vehicle developer is merging with Reinvent Technology Partners Y, a blank-check firm founded by LinkedIn co-founder Reid Hoffman and Zynga Inc. founder Mark Pincus. The deal will help Aurora to secure funding to accelerate testing, development and hiring efforts.
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On today's program: We hear what’s next for Aurora since acquiring Uber’s self-driving branch; and the Pittsburgh Mercy President and CEO on what’s…
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Uber is selling off its autonomous vehicles development arm as the ride-hailing company slims down after its revenues were pummeled by the coronavirus…
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In recent months, more and more people connected to the world of self-driving cars have tempered expectations about their future. While the technology has…