Travis Kalanick Is Getting Into The Mining Business Next

Travis Kalanick is one of the most successful founders in Silicon Valley history. And now, he’s getting into the mining business.

What’s happening:

• Entrepreneur and investor Travis Kalanick has publicly stated he is backing a new mining company Pronto AI
  

Why it matters:‍

• Travis Kalanick previously founded Uber (NYSE: UBER) and is also the founder of CloudKitchens
  

Going deeper:‍

• Pronto AI is focused on autonomous haulage systems for mines and quarries and has developed proprietary hardware and software that is purpose built for being deployed at large scale producing mines
  
• Pronto AI has already autonomously hauled over two million tonnes of rock in initial deployments without any human driver operating the vehicle
  

The intrigue:‍

• Travis Kalanick is the single largest investor in Pronto AI and has made it a flagship holding in his new operating platform company known as Atoms

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