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Uber spent ₹139 crore a month on self-driving technology
short by Kanishka Pandey / on Wednesday, 13 March, 2019
Uber spent around ₹139 crore ($20 million) per month on developing self-driving technologies, recently unsealed US court documents revealed. Uber had aimed to have 75,000 autonomous vehicles on roads by this year and operate driverless taxi services in 13 US cities by 2022. This comes ahead of Uber's planned IPO, which could reportedly value the ride-hailing giant around $120 billion.
read more at TechCrunch