Uber sells self-driving unit Uber ATG in deal that will push Aurora's valuation to $10B https://t.co/Ib5vbz19m6 via @techcrunch

— Dídac (@DidacLee) December 7, 2020

Uberは、Uber ATGの株86.2%と$400MでAuroraの26%のシェアを取得。Uber ATGの残りの株を持っていた、トヨタ、デンソー、ソフトバンクは梯子を外された形で、少数株主に（３社合わせて3.3%）。 #メルマガのネタhttps://t.co/nO82j12KrA

— Satoshi Nakajima (@snakajima) December 8, 2020

great reporting as always from @kirstenkorosec https://t.co/AeZaPIlP2n

— very tired alex (@alex) December 7, 2020

『Uber が自動運転部門ATG をAurora Va Innovationに売却、評価額40億』

★Auroraは自動運転技術専門会社

★UberはATGを売却後、Auroraに4億ドル出資予定

★AuroraもUberの配車、食品デリバリーネットワーク拡大に向けて、自動運転車導入に協力していくhttps://t.co/mM6JOuwU3i

— だいじろう@海外スタートアップニュース (@Djcloudman) December 8, 2020

Deep dive into ⁦@aurora_inno⁩ ⁦@UberATG⁩ deal by ⁦@kirstenkorosec⁩. https://t.co/SzgsMVds5k

— Thomas Bamonte (@TomBamonte) December 8, 2020

If I'm doing the math right, Uber is taking a ~$4B loss in equity value on Uber ATG.

From 86% of Uber ATG (worth $6.2B) to 26% of Aurora after a $400M investment (worth $2.6B)https://t.co/gpxCkHJvy6

— Tanay Jaipuria (@tanayj) December 8, 2020

Uber ATG selling to Aurora... the first Pittsburgh tech decacorn!

Also seemingly a realization to Uber that self-driving taxis are further away than they once seemed and it doesn't make sense for them to invest the R&D.https://t.co/bOKDERfdgV

— Sheel Mohnot ?? (@pitdesi) December 8, 2020

Uber's shutting down the AV part of its store: they "sold" the division to a startup called Aurora, but the "sale" involves Uber "investing" $400,000,000 in Aurora. That is, they've paid someone else to take this bit of set-dressing off their hands.https://t.co/TLaKlQbneF

12/

— Cory Doctorow #BLM (@doctorow) December 8, 2020

Uber, After Years of Trying, Is Handing Off Its Self-Driving Car Project https://t.co/5KPYwDwEwg
via @nytimes #selfdrivingcars #autonomous #uber@SpirosMargaris @FGraillot @mvollmer1 @enricomolinari @PawlowskiMario @ShiCooks @Nicochan33 pic.twitter.com/aoLswKREjF

— Jeroen Bartelse (@JeroenBartelse) December 8, 2020

I’m old enough to remember how, way back in the day, if you criticized all of the news about self-driving cars as mainly being hype you’d get accused of being a technophobic Luddite.

Well, score another point for those who get called technophobic Ludditeshttps://t.co/yKK2yXLEFp

— Librarianshipwreck (@libshipwreck) December 8, 2020

“Uber, which spent hundreds of millions of dollars on a self-driving car project that executives once believed was a key to becoming profitable, is handing the autonomous vehicle effort over to a Silicon Valley start-up” https://t.co/elOZBnS2nX

— Ankit Panda (@nktpnd) December 7, 2020

For years, I've thought that liability questions would sink robot cars. Without some sweeping blanket waiver, hard to see how these deadly machines will work. https://t.co/k86pWHWsuu

— William Lindeke (@BillLindeke) December 8, 2020

After so many years of promising wild innovation to make its valuation make any sense, the only disruption Uber can claim is its ability to skirt regulation and underpay its workers https://t.co/SP7XqzEAwi

— Danny Hertz (@dannyhertz) December 7, 2020

tech writers hyped self-driving cars so much in the last decade, especially Uber's, that this might escape noticehttps://t.co/tvXX7HtI0G

— Jacob Silverman (@SilvermanJacob) December 8, 2020

Uber CEO: We're not giving up on self-driving after selling off the business https://t.co/zHsOVJoNA5 pic.twitter.com/ASLGXuNkpT

— Phil LeBeau (@Lebeaucarnews) December 8, 2020

Uber bails on self-driving carshttps://t.co/Gxcn4SbwZl

— Steve Kovach (@stevekovach) December 7, 2020

우버가 자율주행 부문인 ATG를 스타트업 오로라에 매각. 우버는 대신 오로라의 지분 26%를 받고 또 400M을 투자. 이 딜로 오로라의 밸류는 10B정도가 된다고. https://t.co/c9Uycui7TU 현대차는 지난해 6월에 오로라에 240억정도를 투자했었는데 투자수익이 벌써 상당할 듯.

— 에스티마 (@estima7) December 7, 2020

Uber CEO Dara Khosrowshahi will join the company's board, and the ridesharing giant will also invest $400 million into the company https://t.co/n6XlOtdbWz

— CNBC Tech (@CNBCtech) December 7, 2020

Uber sells its self-driving unit to Aurora https://t.co/tiSJSAuJ53 pic.twitter.com/twbhykSGDp

— Phil LeBeau (@Lebeaucarnews) December 8, 2020

This is wild. Uber is selling its self-driving unit (h/t @CondessaFilipe):https://t.co/keegAwl0mC

— Leo Boytsov (@srchvrs) December 7, 2020

#Uber, After Years of Trying, Is Handing Off Its #SelfDriving Car Project@aurora_innohttps://t.co/Upw2u2ZSsT#SelfDrivingCars #AI #IoT #5G #AutonomousVehicles #autonomous #Robotics #driverless #driverlesscars #startups #startup #Robot #MachineLearning #Travel #BigData #tech

— guidaautonoma (@guidaautonoma) December 8, 2020

Uber admits defeat and that it will never be profitable: company executives once said having self-driving cars was the salvation for their business. https://t.co/M9xzkKrZOg

— Toby Walsh (Hiring 8 PhDs) (@TobyWalsh) December 8, 2020

And Uber just happens to come to this decision right after gig companies get their sub-employee labor category legal in California...https://t.co/MORtWBYgTk

— Sam Harnett (@SamWHarnett) December 7, 2020

Alt take: Uber doesn't need autonomous vehicles so long as labor law allows Uber to treat drivers like automatons https://t.co/NzRci4F2Xv pic.twitter.com/oTkL9YYEl7

— Hal Singer (@HalSinger) December 8, 2020

UBER PAYS $400 MILLION TO HAVE ITS SELF-DRIVING CAR PROJECT HAULED AWAY

- and turned into a truck-driving project
https://t.co/i17BDB5VxI

— JPR007 (@jpr007) December 8, 2020

See: Big Tobacco spinning off tort liabilities for poisoning millions to Altria. Except with robocars, the killing hasn't started in earnest yet.

Uber, After Years of Trying, Is Handing Off Its Self-Driving Car Project https://t.co/YQlKhOffVa

— Steve Vaccaro (@BicyclesOnly) December 8, 2020

Uber announced Monday it was selling its self-driving unit, Advanced Technologies Group, to Aurora Innovation. https://t.co/WBxFixU7ft

— CNBC Tech (@CNBCtech) December 8, 2020