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Uber In Talks With Founder Travis Kalanick To Fund Self-Driving Car Deal
Facing mounting competition from autonomous taxi services like Waymo, Uber is in early talks to help fund Travis Kalanick's potential acquisition of Pony.ai's U.S. subsidiary (source paywalled; alternative source). If completed, the deal would reunite Kalanick with Uber (now under CEO Dara Khosrowsh...
If completed, the deal would reunite Kalanick with Uber (now under CEO Dara Khosrowshahi) and position Pony.ai to operate independently of its Chinese parent amid rising U.S. regulatory pressures. If the deal goes through, Mr. Kalanick, 48, will remain in his day job running CloudKitchens, a virtual restaurant start-up that he founded after leaving Uber in 2017. He has maintained that while autonomous vehicles are growing steadily, ride-hailing networks will have both human and robot drivers for years.
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