Uber in talks with its founder, Travis Kalanick, to fund self-driving car deal
Synopsis
Uber is reportedly in discussions with its co-founder Travis Kalanick to potentially fund his acquisition of Pony.ai's U.S. subsidiary, a Chinese autonomous vehicle company. This move signals Uber's increasing concern over competition from self-driving taxi services like Waymo and Tesla. Kalanick would lead Pony if the deal materializes, marking a significant shift in Uber's strategy towards autonomous vehicles.
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