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Looks like they will at least take a stake in Aurora. > As part of the agreement between the two companies, Uber is taking a 26 percent stake in the start-up a
by dh5 6y ago
Looks like they will at least take a stake in Aurora.
> As part of the agreement between the two companies, Uber is taking a 26 percent stake in the start-up and Mr. Khosrowshahi will take a seat on the Aurora board of directors.
> “Uber can still have a hand in the game, without putting out the enormous amount of money they were spending with A.T.G., but still have a path to market when this technology is actually deploy-able in several years,” said Elliot Katz...
- asdfman123 6y agoSo they have a way to retreat while still saving face.
- sitkack 6y agoWhile the amount of effort to get to a Saudi Fusion is on par with ITER, it pales in comparison to what the Americans burned in the middle east. It was the equivalent of taking 18 months off to get over a bad breakup, for the whole country. And it was pissed away.