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WHY THIS MATTERS IN BRIEF

As Uber faces challenges on multiple fronts the company has had to take the hard decision to double down on strategic bets.

 

Two years after Uber bought self-driving truck developer Otto for $680 million, the ride hailing company has announced that the Uber Advanced Technologies Group, their R&D arm, is shuttering its autonomous truck unit which ran a successful trial early last year. The company remains committed to further developing its self-driving car platform, which killed a pedestrian earlier this year. Uber Freight, a separate service that helps connect shipping companies with drivers, is being spared though.

 

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“We’ve decided to stop development on our self-driving truck program and move forward exclusively with cars. We recently took the important step of returning to public roads in Pittsburgh, and as we look to continue that momentum, we believe having our entire team’s energy and expertise focused on this effort is the best path forward,” Eric Meyhofer, Head of Uber Advanced Technologies Group, which opened its first dedicated AI lab last year, said in an E-Mailed statement.

As recently as this past March, Uber was hard at work furthering the self-driving truck technology in Arizona, where the vehicles logged thousands of deliveries over the course of months but now all that’s moot.

 

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In an internal E-Mail, first seen by TechCrunch, Meyhofer says that employees affected by the company’s decision will be pivoted to related autonomous projects, such as the ATG’s efforts to build a new in-house LiDAR package, otherwise they’ll have the option to move to the company’s Pittsburg head office, or accept a redundancy package.

About author

Matthew Griffin

Matthew Griffin, described as “The Adviser behind the Advisers” and a “Young Kurzweil,” is the founder and CEO of the World Futures Forum and the 311 Institute, a global Futures and Deep Futures consultancy working between the dates of 2020 to 2070, and is an award winning futurist, and author of “Codex of the Future” series. Regularly featured in the global media, including AP, BBC, Bloomberg, CNBC, Discovery, RT, Viacom, and WIRED, Matthew’s ability to identify, track, and explain the impacts of hundreds of revolutionary emerging technologies on global culture, industry and society, is unparalleled. Recognised for the past six years as one of the world’s foremost futurists, innovation and strategy experts Matthew is an international speaker who helps governments, investors, multi-nationals and regulators around the world envision, build and lead an inclusive, sustainable future. A rare talent Matthew’s recent work includes mentoring Lunar XPrize teams, re-envisioning global education and training with the G20, and helping the world’s largest organisations envision and ideate the future of their products and services, industries, and countries. Matthew's clients include three Prime Ministers and several governments, including the G7, Accenture, Aon, Bain & Co, BCG, Credit Suisse, Dell EMC, Dentons, Deloitte, E&Y, GEMS, Huawei, JPMorgan Chase, KPMG, Lego, McKinsey, PWC, Qualcomm, SAP, Samsung, Sopra Steria, T-Mobile, and many more.

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