Uber (UBER) Backs Travis Kalanick’s Atoms With $100 Million

Uber Technologies (UBER) has invested $100 million in Atoms, the robotics and automation company founded by former CEO Travis Kalanick. This investment reconnects Uber with Kalanick and aims to enhance its approach to automation in logistics and mobility, despite the stock's recent decline but long-term gains. The deal aligns with Uber's interest in autonomous technologies and offers insights into emerging industrial AI, while also raising questions about governance and capital allocation.