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Dara Khosrowshahi, CEO of ride-hailing giant Uber, has resigned from the board of autonomous vehicle technology company Aurora Innovation, effective Tuesday. According to a regulatory filing on Friday, Khosrowshahi cited his desire to focus on his ongoing responsibilities at Uber and reduce his external board commitments as the reason for his departure.
Khosrowshahi's resignation does not stem from any disagreement with Aurora, the company clarified. His connection with Aurora dates back to 2020, when Uber offloaded its self-driving unit, Uber ATG, to Aurora. As part of the deal, Uber invested $400 million into Aurora, giving it a 26% stake in the combined company, and Khosrowshahi joined Aurora's board.
Despite Khosrowshahi's resignation, Uber's relationship with Aurora remains intact. The companies announced a multi-year collaboration in June to integrate trucks powered by Aurora's technology into the Uber Freight network. This partnership aims to enhance the efficiency and safety of the logistics industry through the adoption of autonomous vehicles.
Notably, Uber's partnership with Aurora is not exclusive. The company has also formed an alliance with Waabi, a self-driving truck startup founded by Raquel Urtasun, who previously served as chief scientist and head of R&D at Uber ATG. This diversification of partnerships underscores Uber's commitment to exploring various autonomous vehicle technologies to improve its services.
Khosrowshahi's resignation from Aurora's board may signal a shift in Uber's strategy, as the company focuses on its core ride-hailing and delivery businesses. With the autonomous vehicle landscape rapidly evolving, Uber's continued involvement in the space through partnerships and investments will be crucial to its long-term success.
In the broader context, Khosrowshahi's departure from Aurora's board highlights the importance of strategic partnerships and investments in the autonomous vehicle industry. As companies like Uber, Aurora, and Waabi continue to push the boundaries of autonomous technology, their collaborations and alliances will play a vital role in shaping the future of transportation and logistics.
As the autonomous vehicle sector continues to mature, the implications of Khosrowshahi's resignation will be closely watched by industry observers. With Uber's ongoing partnerships and investments in the space, the company remains well-positioned to capitalize on the opportunities presented by autonomous vehicle technology.
The Vergecast's latest episode explores the inner workings of the publication, discussing subscriptions, ads, and the evolution of tech media.
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