UBER - Uber investors push for new self-driving strategy - Bloomberg

Bloomberg sources say SoftBank ([[SFTBF]],[[SFTBY]]) and Benchmark have advised Uber (UBER) CEO Dara Khosrowshahi to find more investors for the company's self-driving unit and reconsider strategy.SoftBank and Benchmark are Uber's largest investors.Uber's self-driving unit is expected to run out of money at the end of next year.Options on the table reportedly include making Uber's project open source to accelerate innovation and building an autonomous vehicles with money from existing partners and potential new infusions.In the self-driving vehicle space, Uber competes with the likes of Alphabet's Waymo and Amazon's Zoox.Uber's self-driving unit was at the center of a Waymo trade secret legal dispute (settled in Waymo's favor) and the death of a pedestrian in Arizona.The safety driver in the 2018 Arizona crash was recently charged with negligent homicide.

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Uber investors push for new self-driving strategy - Bloomberg