31 Jul '16, 7pm

Report: Uber to invest $500M in global mapping project

Report: Uber to invest $500M in global mapping project

Report: Uber to invest $500M in global mapping project 31 July 2016 The Financial Times reports that Uber will invest $500 million into a global mapping project in an effort to decrease its dependence on Google Maps and to prepare for autonomous driving. The FT cited “a person familiar with Uber’s plans ” as the source. Uber has already hired Brian McClendon, formerly the head of Google Maps for more than a decade. In a post on the Uber site last week, McClendon noted that “Accurate maps are at the heart of our service and the backbone of our business. ” Today I lead Uber’s mapping efforts to ensure we can provide a safe, reliable ride—no matter where you are. To do that, Uber uses a mix of mapping technologies (including our own) to provide the underlying infrastructure for our apps. Existing maps are a good starting point, but some information isn’t that relevant to Uber...

Full article: http://www.greencarcongress.com/2016/07/20160731-uber.html

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