Travis Kalanick Reportedly Starting New Self-Driving Company Backed by Uber

Travis Kalanick, the co-founder of Uber, is reportedly starting a new self-driving company backed by the ride-hailing giant. According to TechCrunch, Kalanick wants to be more aggressive in pursuing the technology than industry-leader Waymo.

Kalanick's new venture is said to be focused on developing autonomous vehicles that can operate in a variety of environments, including urban and rural areas. The company is reportedly backed by Uber, which has been investing heavily in self-driving technology in recent years.

The news comes as Uber is facing increased competition in the self-driving space from companies like Waymo and Cruise. However, Kalanick's new venture could potentially give Uber a leg up in the market, particularly if it is able to develop more advanced autonomous technology.

The exact details of Kalanick's new company are still unclear, but it is reportedly being backed by a significant amount of funding from Uber. The company is expected to operate independently of Uber, but it is likely to have a close relationship with the ride-hailing giant.

Kalanick's decision to start a new self-driving company is seen as a major move in the autonomous vehicle space. As one of the most prominent figures in the industry, his involvement is likely to bring significant attention and investment to the sector.

Sources

[1] Travis Kalanick reportedly starting a new self-driving company backed by Uber