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Uber Ready to Take On Google (GOOG) and Apple (AAPL) With Autonomous Cars

Apple Inc (AAPL) Uber

Developing driverless cars remains a top priority for taxi cab service Uber.  They have created a partnership with Carnegie Mellon University to pursue vehicle autonomy and leasing space at 100 32ndSt in Pittsburgh was just the icing on the cake and a confirmation that the company is ready to take Google Inc (NASDAQ:GOOGL) and Apple Inc. (NASDAQ:AAPL) head on, on driverless car technology.

Uber

Uber Leverages Partnership With CMU

It makes a lot of sense that Uber would be directing a big effort toward the process of developing driverless cars. The company has already opened a research center dedicated to mapping and driving technology. Partnering with CMU should go a long way in allowing Uber to leverage the institutions technical expertise in areas of robotics. The partnership also marks a milestone for Uber as it looks to rival Apple Inc. (NASDAQ:AAPL), believed to be working on a secret project thought to be a driverless car.

Google Inc (NASDAQ:GOOGL) is already way ahead with the technology having already unveiled a series of driverless cars that are currently being tested on the roads. Uber ability to rival the search giant and Apple Inc. (NASDAQ:AAPL) on this front goes unquestioned thanks to its innovative technology in the field of transportation that continues to influence the lives of millions of people around the globe.

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15-20 Years for Uber Driverless Taxis

There is no doubt that Uber can bring to market a driverless car in the next 15-20 years according to Morgan Stanley auto industry analyst, Adam Jonas. The analysts expects Uber to come up with a fleet of taxis that people can summon by a simple tap of an app. Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL) should by then have made significant strides with the technology something that is expected to have a massive impact on the auto industry.

It remains to be seen how Google Inc (NASDAQ:GOOGL) and Uber will battle it out in the driverless car space, the search giant having invested $258 million in the San Francisco firm.

The end of humans driving cars is nearing thanks to the huge investments that major automakers and technology companies are channeling towards driverless car technologies. Regulatory hurdles, as well as insurance standoff, poses the biggest headwinds on the technology being accepted on most of the roads across the globe.

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Viraj loves to write and express his views on anything related to Finance, Crypto, or Fintech. He has been covering Finance & Crypto for more than five years now. He likes Tesla. He also writes on Healthcare, and Technology among other stuff.