Uber is reportedly in talks with startup competitor Aurora Innovation to sell its autonomous vehicle division, TechCrunch reported. Uber Advanced Technologies Group (UberATG) was valued at $7.25 billion on last July, but has been facing problems.
According to Uber’s most recent earnings report, the segment saw a net loss of $303 million for the nine months ended September 30th.
UberATG was involved in a trade secrets lawsuit with competitor Waymo, owned by Google parent company Alphabet. Uber settled the case unexpectedly in February of 2018.