Uber says its future is riding on the success of self-driving cars, but warns investors that there's a lot that can go wrong (UBER) - Creak News

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Uber says its future is riding on the success of self-driving cars, but warns investors that there's a lot that can go wrong (UBER)

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uber self driving car

  • The future of Uber's business is riding on self-driving cars.
  • The transportation startup has warned that if its rivals develop the tech at scale before it does, everything from its ride-hailing to its food delivery efforts are at risk.
  • On Thursday, the company finally filed to go public in what is expected to be one of the biggest IPOs of all time.
  • Uber's financial disclosures provide an unprecedented look at the inner workings of the firm, and how it's thinking about its future.
  • Visit BusinessInsider.com for more stories.

Uber is convinced that self-driving cars are the future of its business. But even so, it warns investors, they could be a total bust for the company.

On Thursday, Uber finally filed its S-1 paperwork to go public in the coming weeks, offering an unprecedented look at the inner workings of the ride-hailing company. It also provides fresh insight into how the Silicon Valley mega-startup views the promise — and perils — of autonomous vehicles.

See the rest of the story at Business Insider

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from Business Insider http://bit.ly/2Iu8pKa

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