<p>Uber Technologies Inc is in talks to sell its autonomous driving unit, Uber Advanced Technologies Group (ATG), to self-driving car startup Aurora, a source familiar with the matter told Reuters.</p>.<p>The talks are still ongoing and there is no certainty a deal could be reached, the source said, adding that Uber is also considering taking a stake in the new company if Aurora takes over ATG.</p>.<p>Uber's ATG, which works to develop autonomous driving technology, counts Toyota Motor Corp and SoftBank Group Corp among its investors. Earlier last year, the unit had raised $1 billion from a consortium of investors including SoftBank, that valued it at $7.25 billion.</p>.<p>Uber has been seeking options for its autonomous vehicle divisions, a heavy cash burn machine, including seeking more outside investment, as Chief Executive Officer Dara Khosrowshahi refocused on core businesses including ride-hailing and food delivery since the pandemic hit.</p>.<p>Uber and Aurora declined to comment. TechCrunch was the first to report about this deal.</p>.<p>Aurora is among dozens of startups, automakers, and large technology companies working on self-driving car systems, eager to capitalize on a sea change in the transportation industry.</p>.<p>The startup, which is already testing its vehicles in the San Francisco Bay Area and Pittsburgh, in July, said it was expanding testing and development of its vehicles to Dallas-Fort Worth Area in Texas.</p>
<p>Uber Technologies Inc is in talks to sell its autonomous driving unit, Uber Advanced Technologies Group (ATG), to self-driving car startup Aurora, a source familiar with the matter told Reuters.</p>.<p>The talks are still ongoing and there is no certainty a deal could be reached, the source said, adding that Uber is also considering taking a stake in the new company if Aurora takes over ATG.</p>.<p>Uber's ATG, which works to develop autonomous driving technology, counts Toyota Motor Corp and SoftBank Group Corp among its investors. Earlier last year, the unit had raised $1 billion from a consortium of investors including SoftBank, that valued it at $7.25 billion.</p>.<p>Uber has been seeking options for its autonomous vehicle divisions, a heavy cash burn machine, including seeking more outside investment, as Chief Executive Officer Dara Khosrowshahi refocused on core businesses including ride-hailing and food delivery since the pandemic hit.</p>.<p>Uber and Aurora declined to comment. TechCrunch was the first to report about this deal.</p>.<p>Aurora is among dozens of startups, automakers, and large technology companies working on self-driving car systems, eager to capitalize on a sea change in the transportation industry.</p>.<p>The startup, which is already testing its vehicles in the San Francisco Bay Area and Pittsburgh, in July, said it was expanding testing and development of its vehicles to Dallas-Fort Worth Area in Texas.</p>