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Have you ever wondered how Uber, the ride-sharing giant, transformed its technological prowess with a strategic move that shook the industry? The answer is in its acquisition of Advanced Technologies CMU, a game-changer in the realm of autonomous vehicle technology. Keep up with the conversation as we uncover the intricate details of this historic transaction
Pittsburgh is an AI powerhouse. Now that seemingly every VC is interested in the category, the Steel City's startup scene could see a boost.
/PRNewswire/ -- Mohr Capital, a Dallas-based privately held real estate investment firm, has sold MetCenter Building III, a last-mile distribution facility...
Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. I asked you last week to share your picks for the biggest stories of the year. While there was a mix, two startup-focused themes emerged: COVID-19 and the pressure it put on companies, as well as the unexpected flurry of deals that occurred despite the pandemic. SPACs, Tesla’s skyrocketing share price, Waymo’s driverless ride-hailing service opening up to the public in the Phoenix area, Uber’s 2020 evolution (which I addres...
90.5 WESA's "The Confluence" for Tuesday, December 15, 2020 On today's program: We hear what’s next for Aurora since acquiring Uber’s self-driving branch; and the Pittsburgh Mercy President and CEO on what’s different about opening winter shelters this year for unhoused residents. Aurora acquires self-driving technology to competitor, Uber ATG. (0:00 - 8 :58) Autonomous vehicle start-up Aurora is acquiring Uber’s self driving unit, Uber Advanced Technologies Group. Under the deal, Uber is reportedly giving up its equity in ATG, along with investing $400 million in Aurora in exchange f...