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Uber pledges $10bn to win robotaxi race
Uber has pledged $10 billion to advance its robotaxi development. CEO Dara Khosrowshahi highlighted strong bookings and record cash flow as the company aims to fund its costly autonomous vehicle (AV) initiative.
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Adjacent reporting
- Tesla and Waymo are chasing the robotaxi dream — but the company spending the most to win builds no cars at all
- Uber puts Israeli AI startup in driver’s seat for Munich robotaxi test run
- Uber is deploying its own self-driving cars again, just not as robotaxis
- Uber is bringing its robotaxi push to Europe with a new testing program
- Uber and Rivian plan to bring robotaxis to California