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Uber’s Autonomous Armada: New Frontier, Old Battles

Is Uber's latest move a smart strategy or just another moonshot in disguise?

Recent revelations suggest that Uber has committed over $10 billion to autonomous vehicle technology, signaling a return to its asset-heavy roots. This substantial investment comes after a brief period of divestment in 2020 when it sold off key assets like Uber ATG and Jump. Now, Uber appears focused on owning or leasing physical assets rather than developing the tech in-house.


Despite Travis Kalanick's admission that they made a mistake by abandoning their AV development program, this new approach could still lead to the same end goal. The company is reportedly eyeing startups like an autonomous hauler with no driver cab, hinting at a continued interest in micromobility and freight.


Meanwhile, other companies are making significant strides: Slate raised another $650 million for its affordable pickup trucks; Glydways secured $170 million for personal pods; and GM and Ford are discussing potential military support. The future of transportation is clearly evolving, but the question remains—will it be smooth sailing or just a bumpy ride?

Original source:  https://techcrunch.com/2026/04/19/techcrunch-mobility-uber-enters-its-assetmaxxing-era/
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