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Uber is reportedly in talks to sell its self-driving unit

Rumors suggest self-driving startup Aurora could buy Uber ATG.

An Uber car equipped with cameras and sensors drives the streets of Washington, DC, on January 24, 2020. - Uber Advanced Technologies Group (ATG) announced it would begin data collection for self-driving vehicles on Washington, DC, roads beginning January 24. ATG self-driving vehicles - operated by two human drivers, better known as Mission Specialists - will collect road data to support the development of Ubers self-driving vehicle technology. (Photo by Eric BARADAT / AFP) (Photo by ERIC BARADAT/AFP via Getty Images)
ERIC BARADAT via Getty Images
Richard Lawler
Richard Lawler|@Rjcc|November 14, 2020 7:48 AM

After years of development and some shocking incidents, the next step for Uber’s self-driving unit could be a sale. As first reported by TechCrunch and later Reuters, anonymous sources say Uber is in talks with self-driving tech startup Aurora about a sale, and the discussions have gone on since October.

Last year Toyota, Softbank and Denso teamed up to invest $1 billion in Uber ATG in a deal that valued the self-driving focused spinoff at $7.25 billion. Meanwhile the smaller Aurora has had investments from Amazon, and deals with Hyundai but also lost one with Volkswagen last year, while counting big names like ex-Google Chris Urmson among its ranks.

The risk and uncertainty in developing self-driving tech has been evident in the history of Uber ATG, which includes the death of a pedestrian and its former self-driving lead receiving an 18 month sentence for stealing tech from his former employer, Waymo. Both companies declined to comment on the reports.

Uber is reportedly in talks to sell its self-driving unit