Tandon in the News
Uber Launches Artificial Intelligence Lab
- Dave Lee for BBC December 5th, 2016
- Source: http://www.bbc.com/news/technology-38207291
Ride-sharing service Uber has acquired a New-York-based artificial intelligence start-up which it hopes can speed up its progress in creating self-driving cars.
Geometric Intelligence’s co-founder Gary Marcus told the BBC the team would have a wide brief — ranging from improving traffic predictions to working towards a future of flying cars.
Recent reports have suggested Uber’s aggressive growth, which has required heavily subsidising fares, meant the firm lost more than $2bn (£1.6bn) last year. That figure is likely to go up in 2016.