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Uber bets on its former CEO: $1.7B for Atoms and a new chapter in mobility

Uber bets on its former CEO: $1.7B for Atoms and a new chapter in mobility

Friends, here’s a noteworthy update from the transport and autonomous tech space.

According to TechCrunch, Uber joined the funding round for Atoms — Travis Kalanick’s company — which raised $1.7B, marking his return to mobility.

Atoms is focusing on Industrial AI and physical automation for extraction and logistics. Notably, Pronto, its autonomy project, has been named one of the company’s top priorities.

Against this backdrop, Tesla is slowing robotaxi growth, Aurora is launching trucks with no one in the cab, and the autonomous transport market is clearly entering a new phase.

Why it matters: old industry tensions do not seem to be preventing major players from investing again in autonomy and robotics.

Do you see this as a pragmatic move or a risky bet?

#mobility #autonomous #uber #ai

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Uber bets on its former CEO: $1.7B for Atoms and a new chapter in mobility

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