Driverless start-up Aurora valued at $13 billion

The Amazon-backed driverless start-up Aurora is going to be publicly listed, valued at $13 billion, which is roughly £9.4 billion. An article on the Nasdaq website confirms it had agreed to merge with a Silicon Valley “blank cheque firm” backed by financiers Reid Hoffman and Mark Pincus. It says the deal with Reinvent Technology Partners […]

ITS America CEO joins driverless advisory board

The President and CEO of the Intelligent Transportation Society of America President, Shailen Bhatt, has been appointed to the advisory board of the driverless car company Aurora. Tech Crunch reports that the company, which bought Uber ATG last year, has “tapped experts in aviation safety, insurance, medicine and automotive safety — all people from outside […]

Uber sells its driverless subsidiary

Ridehailing firm Uber has announced it’s sold its driverless subsidiary Advanced Technologies Group to the Amazon-backed company Aurora. Aurora was founded in 2017 by entrepreneurs including former head of Google’s driverless division Chris Urmson (pictured). The company said they wanted to deliver the “opportunity to safely accelerate the adoption of self-driving technology” by “building an […]

HIGHWAYS... DAILY

All the latest highways news direct to your inbox every week day

Subscribe now

This website uses cookies to ensure you get the best experience on our website.