The company had made an expensive bet on robot taxis, but the project was laden with legal problems and burning through cash. So Uber gave it away to another startup.
Google's parent company Alphabet on Tuesday reported revenue jumped in the recently-ended quarter, but shares sank on concerns it may be pouring too much money into artificial intelligence.
Uber Technologies' rides and food-delivery businesses expanded last quarter, and it invested in infrastructure to prepare for the arrival of robotaxis. The adoption of Waymo self-driving cars in citie ...