Read original story on: Bloomberg Business
Google is preparing to launch its own car-hailing service to work with its self-driving cars, which would put it in direct competition with on-demand car services like Uber or Lyft. In response, Uber has announced a partnership with Carnegie Mellon University to develop driverless car and mapping technology.
Ironically, Google is also one of its biggest investors for Uber, as the search giant’s venture capital arm Google Ventures invested $258 million in Uber back in August 2013. And Uber currently uses Google Maps data to power its apps for drivers and riders, a fact that could soon change once the competition heats up between the two companies.
Update: New report claims that Google’s own car-hailing app is being developed for internal carpooling only.
