[smcl]

They invested a tonne of money in self-driving vehicles. If they didn't intend to utilise them then what on earth were they doing, lighting money on fire for fun?

[adeelk93]

Uber sold off that division years ago, and is no longer focused on self-driving

https://arstechnica.com/cars/2020/12/uber-sells-self-driving...

[harambae]

> no longer focused on self-driving

Not quite. More like they're partnering with others and staying internally focused on their core competencies, like any good company does.

Section "Get to know our autonomous partners" https://www.uber.com/us/en/autonomous/

[smcl]

Weird, I remember a lot of talk around that time of self-driving cars being their future and the reason why they had such a sky-high valuation. Guess I missed this news mid-Covid

[thworp]

Lighting money on fire to increase valuation. Getting a cab dispatch service to get valued at insane multiples was a master stroke.