waymo

Uber and Waymo Agree to Settle Case Involving Uber's Alleged Theft of Self-Driving Technology

Over the past five days, Uber and Waymo have been entangled in a court case over Waymo’s allegations that Uber stole its self-driving LiDAR system. Today, the two companies have announced that they reached a settlement agreement, under which Uber will pay Waymo a 0.34 equity stake, “amounting to about $245 million at Uber’s recent …

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