•Technology
Travis Kalanick's Atoms Eyes Major Expansion in Autonomous Vehicle Sector
View original sourceThis summer, Travis Kalanick's startup, Atoms, secured a $1.7 billion funding round, led by Andreessen Horowitz. Although initially reticent about Atoms' specific goals, recent revelations have clarified their intentions:
- Atoms is preparing for an aggressive hiring and acquisition strategy, potentially establishing itself as a key player in the autonomous vehicle industry.
- Discussions have already taken place with Uber, which could leverage Atoms’ robotaxi technology, indicating potential collaboration. Uber's contribution to Atoms includes a $100 million investment.
- Robotaxis are a significant component of Atoms’ broader plans, but they represent just one facet of their ambitions. Kalanick has previously referred to the funding round as "unfinished business."
- Atoms has also acquired Pronto, an autonomous mining startup, further indicating their strategic focus. Pronto was previously led by Anthony Levandowski, a former Uber executive with a controversial past, having been convicted for stealing trade secrets and later pardoned by President Donald Trump.