Travis Kalanick, the former CEO of Uber, expressed regret over the company's decision to drop its autonomous driving program, labeling it a mistake at the Abundance Summit in L.A. He pointed out that at the time, Uber was only trailing Waymo and was poised to surpass them. Following Kalanick's departure in 2017, Uber sold its self-driving unit to Aurora, after extensive investment yielded little profit. While Uber now partners with Waymo in Austin, concerns linger about its independence and the sustainability of its role in a rapidly evolving self-driving market.
Look, [new management] killed the autonomous car project we had going on. At the time, we were really only behind Waymo but probably catching up, and we were going to pass them in short order . . . I wasn't running the company when that happened, but you know, you could say, 'Wish we had an autonomous ride-sharing product right now. That would be great.'
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