Russia's Sberbank unit unveils self-driving vehicle FLIP

FLIP, a fully self-driving vehicle developed by Sberbank, is seen in this handout image released on May 27, 2021. Courtesy of Sberbank/Handout via REUTERS

MOSCOW (Reuters) - SberAutoTech, a subsidiary of Russia's largest lender Sberbank, has developed a fully self-driving vehicle, FLIP, which the company on Thursday described as a "taxi of the future".

Sberbank is diversifying in areas ranging from food delivery and taxi services to cloud computing and cyber security, and has made technological strides, last year unveiling a new virtual assistant, smart speaker and other gadgets.