Uber’s self-driving car unit was burning $20M a month

Uber thought it would have 75,000 autonomous vehicles on the roads this year and be operating driverless taxi services in 13 cities by 2022, according to court documents unsealed last week. The report was written for Uber as part of last year’s patent and trade secret theft lawsuit with rival Waymo, which accused engineer Anthony Levandowski of taking technical secrets with him when he left Google to found self-driving truck startup Otto. The newly unsealed document also reveals that Waymo claimed Uber’s alleged misappropriation of its trade secrets had accelerated the commercialization of Uber’s autonomous technology by over three years and 10 months.

Source: techcrunch.com