Uber ready to throw $500m into mapping the world


And here’s a sneak peek…

Prior this month, satellite imaging innovation organization DigitalGlobe declared it was joining forces with Uber to “influence DigitalGlobe’s industry driving group of stars of sensors to get to symbolism and area insight to distinguish and enhance get and drop-off areas.” Last week, Uber presented an official statement on report that Brian McClendon, the previous head of Google Maps who left the organization for Uber a year ago, would lead Uber’s worldwide mapping activity. McClendon composed that the organization is “multiplying down” on its mapping speculation yet didn’t say the amount it would spend.

A report from the Financial Times distributed this Sunday claims Uber will put a hot half-billion in mapping the globe all together “to wean itself off reliance on Google Maps and make ready for driverless autos.” It’s still vague what precisely this $500 million will be spent on.

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