AxThePro
2021-07-16
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Self-driving car startup Aurora on road to going public
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The combined company will be named Aurora Innovation and trade on the Nasdaq with the ticker symbol AUR, the firms announced.</p>\n<p>Aurora was established in 2017 by industry veterans who had done stints at Google, Tesla and Uber. Its backers include e-commerce colossus Amazon, Fiat Chrysler, and South Korean carmaker Hyundai.</p>\n<p>\"Our goal at Aurora is to make the movement of goods and people more equitable, productive, dependable, and - crucially - much safer than it is today,\" Aurora co-founder and chief Chris Urmson said in the release.</p>\n<p>\"By combining with Reinvent and with this incredible group of investors, we are even closer to deploying self-driving vehicles and delivering the benefits this technology offers the world.\"</p>\n<p>Uber in December agreed to sell its autonomous car division to Aurora in a deal that gave the ride-hailing giant a stake in the startup developing self-driving technology.</p>\n<p>Aurora has an array of competitors in the self-driving race, including the Waymo unit owned by Google-parent Alphabet.</p>\n<p>Waymo opened its robo-taxi project to the general public in the US city of Phoenix late last year, becoming the first widely available driverless ride service.</p>","source":"lsy1605843958005","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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The combined company will be named Aurora Innovation and trade on the Nasdaq with the ticker symbol AUR, the firms announced.\nAurora was established in 2017 by industry veterans who had done stints at Google, Tesla and Uber. Its backers include e-commerce colossus Amazon, Fiat Chrysler, and South Korean carmaker Hyundai.\n\"Our goal at Aurora is to make the movement of goods and people more equitable, productive, dependable, and - crucially - much safer than it is today,\" Aurora co-founder and chief Chris Urmson said in the release.\n\"By combining with Reinvent and with this incredible group of investors, we are even closer to deploying self-driving vehicles and delivering the benefits this technology offers the world.\"\nUber in December agreed to sell its autonomous car division to Aurora in a deal that gave the ride-hailing giant a stake in the startup developing self-driving technology.\nAurora has an array of competitors in the self-driving race, including the Waymo unit owned by Google-parent Alphabet.\nWaymo opened its robo-taxi project to the general public in the US city of Phoenix late last year, becoming the first widely available driverless ride service.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":21,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/170046426"}
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