Ride hailing company Uber is planning to spend $500 million on a global mapping project in an effort to reduce its reliance on Google Maps, according to The Financial Times.
The San Fransisco-based company already has mapping vehicles recording geographical data around the U.S. and Mexico. With Uber's presence in over 60 countries, the significant expansion reflects its continuing growth and adds to its existing investment in original research like driverless cars. ...continued ...