Travis Kalanick is trying to buy Pony.ai — and Uber might help

Uber founder Travis Kalanick is reportedly seeking to acquire Pony.ai, an autonomous vehicle startup valued at around $4.5 billion, with potential financial backing from investors and possible assistance from Uber itself. Pony.ai has been preparing its U.S. operations for a sale or spinoff since 2022, including developing a separate version of its source code. This acquisition would mark Kalanick’s return to the self-driving vehicle sector, which he left after being ousted from Uber in 2017. Kalanick’s departure coincided with Uber’s struggles in autonomous vehicle development, including a fatal accident involving one of its test vehicles in 2018. Subsequently, Uber sold its self-driving division to Aurora and shifted to partnerships with companies like Waymo for autonomous technology integration. Kalanick, who currently leads the ghost kitchen company CloudKitchens, would continue managing that business if he acquires Pony.ai. He has expressed that Uber was close to catching up with Waymo in autonomous tech