Keyword Analysis & Research: aurora stock uber

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How big of a stake does Uber have in Aurora?

Following the sale announced on Monday, Uber is also investing $400 million in Aurora, which values Aurora at $10 billion, the people added. Uber will hold about 26% ownership interest in Aurora on a fully diluted basis, the company said in a filing.

Who is the CEO of Uber and Aurora?

Uber will also invest $400 million in Aurora and Uber CEO Dara Khosrowshahi will join Aurora's board. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Who is the CEO of Aurora self driving company?

(RTTNews) - Self-driving vehicle technology company Aurora agreed to buy Uber's self-driving unit, Advanced Technologies Group. After the deal, Aurora will be worth $10 billion and Uber will hold 26% stake in the company, reports quoting Aurora CEO Chris Urmson as saying.

Who is buying Uber's self driving car business?

Uber Technologies Inc. is selling its self-driving division to startup Aurora Innovation, the companies announced Monday, though it doesn’t mean the ride-hailing giant will be exiting the autonomous vehicle industry — nor that Aurora is paying for the technology Uber has spent billions of dollars to develop.


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