Uber acquires Otto to lead Uber’s self-driving car

Uber is making yet another big push in the self-driving car space. In addition to launching self-driving rides in Pittsburgh with the help of Volvo, the company is acquiring Otto and its all-star team according to a new report from Bloomberg. Otto has been focusing on self-driving technology that could be fitted into trucks that are already on the road now. In other words, Otto didn’t want to develop its own self-driving vehicles — the startup chose to focus on some sort of self-driving kit instead. Otto makes its own lidar sensors. This fits perfectly into Uber’s strategy as the company doesn’t want to become a car manufacturer. Instead, Uber has been looking at partnerships with existing car manufacturers, such as Volvo, in order to turn their cars into self-driving cars using Uber’s proprietary technology. So get ready for Uber’s self-driving kit.

18. Oktober 2016

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