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Home > Artificially Intelligent > Episode 63: Uber Pressured to Sell Self-Driving Division
Podcast: Artificially Intelligent
Episode:

Episode 63: Uber Pressured to Sell Self-Driving Division

Category: Business
Duration: 00:32:21
Publish Date: 2018-08-17 21:00:00
Description:

Uber continues to lose money, and the most recent earnings report shows losses of $891 million dollars in Q2 2018. This has prompted investors to pressure Uber to sell off its high-profile autonomous vehicle research division which is costing between $125-200 million per quarter to maintain. Christian explains why he thinks that would be a good move for the company.

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