Uber Invests Heavily in Robotaxi Development Amid Competition

Uber is reportedly investing $500 million to secure robotaxi services, competing with companies like Tesla and Waymo in the autonomous vehicle market.

24 Jun, 11:50 — 24 Jun, 11:50

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marketwatchMostly Factual51d ago

Tesla and Waymo are chasing the robotaxi dream — but the company spending the most to win builds no cars at all

Uber is quietly writing $500 million checks to lock in robotaxis as Waymo threatens to leave it behind.

By Jurica Dujmovic

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Uber Invests Heavily in Robotaxi Development Amid Competition

Sources

Tesla and Waymo are chasing the robotaxi dream — but the company spending the most to win builds no cars at all

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