● Covered by 1 source · 1 reportMedium impact1 neutral
Travis Kalanick's Atoms Reportedly Entering Robotaxi Business
Key points
- Atoms is reportedly preparing for a hiring spree and acquisitions.
- The company is focusing on the autonomous vehicle industry, including robotaxis.
- Atoms has discussed robotaxi technology with Uber, which has invested $100 million.
- Atoms previously acquired Pronto, an autonomous mining startup.
Atoms' Expansion into Autonomous Vehicles
Travis Kalanick's company, Atoms, is reportedly preparing to enter the autonomous vehicle industry. This development follows a $1.7 billion funding round led by Andreessen Horowitz earlier this summer. The company is planning a hiring spree and potential acquisitions to establish itself as a significant player in the sector.
Focus on Robotaxis
Reports indicate that Atoms is specifically targeting the robotaxi business. The company has engaged in discussions with Uber regarding the potential use of Atoms' robotaxi technology. Uber has also invested $100 million in Atoms, a figure previously confirmed by TechCrunch.
Background and Previous Acquisitions
This strategic direction aligns with Kalanick's previous description of the funding round as "unfinished business." Atoms had previously acquired Pronto, an autonomous mining startup. Pronto was led by Anthony Levandowski, Uber's former self-driving chief.
Industry Impact
While robotaxis may not encompass the entirety of Atoms' plans, this reported entry into the autonomous vehicle market signifies a notable expansion for the company. The involvement of Travis Kalanick and the substantial funding suggest a potential impact on the competitive landscape of the autonomous driving sector.
✨ This summary was generated by AI from the outlets' reporting listed below. It is not independently verified and may contain errors — check the original sources. How BrevFeed works →
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Reporting from
Atoms, founded by Travis Kalanick, is reportedly preparing to enter the autonomous vehicle industry, specifically focusing on robotaxis. This move follows a $1.7 billion funding round and discussions with Uber regarding the use of Atoms' robotaxi technology, indicating a significant expansion of the company's scope.