Toyota and Uber go driverless

Uber and Toyota are partnering to develop driverless cars, The Wall Street Journal reported. Toyota will invest about $500 million in Uber as part of the agreement between the two companies, according to the Journal. Toyota's investment values the ride-hailing firm at $72 billion.

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Uber has been seeking ways to lower development costs and losses in its autonomous-vehicle unit following a fatal crash involving one of its cars earlier this year in Arizona. Last year, the Uber division spent about $750 million on self-driving car development before making cuts this year

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4 minutes ago, Cokiga Damke said:

Uber and Toyota are partnering to develop driverless cars, The Wall Street Journal reported. Toyota will invest about $500 million in Uber as part of the agreement between the two companies, according to the Journal. Toyota's investment values the ride-hailing firm at $72 billion.

$72 billion, slightly higher than where SoftBank Group Corp. 9984, +0.59%   valued the ride-hailing company earlier this year with its funding

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4 minutes ago, Cokiga Damke said:

Uber and Toyota are partnering to develop driverless cars, The Wall Street Journal reported. Toyota will invest about $500 million in Uber as part of the agreement between the two companies, according to the Journal. Toyota's investment values the ride-hailing firm at $72 billion.

it only takes one causality to lose that investment

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Just now, Hajga Loma DK said:

it only takes one causality to lose that investment

and how are they going to solve some major issues, like who kicks the drunk guy out of the Uber after he passes out during his ride home from the bar?

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Just now, Meanwhile said:

and how are they going to solve some major issues, like who kicks the drunk guy out of the Uber after he passes out during his ride home from the bar?

ejection seat would be fun

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3 minutes ago, Hajga Loma DK said:

it only takes one causality to lose that investment

no computer software can read road signs yet alone a traffic officer directing traffic with hand signals?

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I think the Tesla Semi will definitely nudge things in a certain direction 

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3 minutes ago, Sefko Trafikant said:

no computer software can read road signs yet alone a traffic officer directing traffic with hand signals?

of course it can

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12 minutes ago, Cokiga Damke said:

Uber and Toyota are partnering to develop driverless cars, The Wall Street Journal reported. Toyota will invest about $500 million in Uber as part of the agreement between the two companies, according to the Journal. Toyota's investment values the ride-hailing firm at $72 billion.

they could pick some better looking vehicle, rather than Sienna 

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