12-03-2019 21:54 via feedproxy.google.com

Uber’s self-driving car unit was burning $20 million a month

Uber thought it would have 75,000 autonomous vehicles on the roads this year and be operating driverless taxi services in 13 cities by 2022, according to court documents unsealed last week. To reach those ambitious goals, the ridesharing company, which hopes to go public later this year, was spending $20 million a month on developing self-driving technologies. 
The figures, dating back to 2016, paint a picture of a company desperate to meet over-ambitious autonomy targets and one that is wi
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