Uber is rac­ing to de­velop driver­less tech­nol­ogy

The Pak Banker - - COMPANIES/BOSS -

NEW YORK: An Uber se­nior ex­ec­u­tive said the ride-shar­ing com­pany is de­vel­op­ing driver­less tech­nol­ogy be­cause the fu­ture of driv­ing will be ro­botic. "Uber has to usher in (the tech­nol­ogy) if we want to be part of that world," said Jeff Holden, Uber's chief prod­uct of­fi­cer. Holden said in a press con­fer­ence in Bei­jing on Wed­nes­day that Uber has "a very large team" work­ing on driver­less tech­nol­ogy. He didn't give a timetable for when they will launch it but he said the tech­nol­ogy is "very, very close".

China's In­ter­net web ser­vices com­pany Baidu, which is a strate­gic in­vestor in Uber, re­cently com­pleted a road test for its au­ton­o­mous driv­ing car in the Sil­i­con Val­ley in the United States. Bei­jing-based Baidu an­nounced ear­lier that its self-driv­ing car is ex­pected to go into mas­sive pro­duc­tion in an­other three to five years. Holden said Uber and Baidu haven't car­ried out col­lab­o­ra­tion on self-driv­ing tech­nol­ogy. But he said "the pos­si­bil­ity of col­lab­o­ra­tion is in­ter­est­ing". "It makes sense for us to co­op­er­ate and bring out some syn­ergy on de­vel­op­ing the tech­nol­ogy," he said.

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