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Uber Invests $300M in Rivian's Robotaxis, Nvidia Pushes Autonomous Tech

Published 2 weeks, 5 days ago
Description

Uber and Rivian form a strategic partnership, with Uber investing $300 million and committing to buy 10,000 driverless R2 robotaxis. These vehicles will debut on Ubers platform in San Francisco and Miami by 2028, with potential for 40,000 more. Rivian admits it wont reach profitability by 2027 due to autonomy tech spending. Nvidia secures new deals with automakers, while Advanced Navigation and Arc Boat raise funds. Amazon acquires Rivr, and the NHTSA intensifies probe into Teslas Full Self-Driving software.

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