Uber Warns Investors Its Focus On Self-Driving Vehicles Could Be Risky

  • If rival companies are able to develop self-driving vehicles on a grand scale before Uber does, it could put everything from Uber’s ride-hailing service to its food delivery service at risk.
  • ” We have invested, and we expect to continue to invest, substantial amounts in autonomous vehicle technologies,” said Uber representatives.
  • If any of these rivals manage to scale up self-driving technology before Uber, the startup’s business as a whole could be at risk.

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