Technology Business

Uber Commits $10B to Robotaxis

Uber Commits $10B to Robotaxis

The move signals Uber's intent to regain lost ground in the self-driving sector after previously selling off its own autonomous unit.

CEO Dara Khosrowshahi emphasized that the company is pivoting toward a platform model that integrates third-party autonomous fleets alongside its existing driver network.

This massive capital commitment comes as competitors like Waymo begin testing driverless services in major international hubs like London.

Industry analysts view the investment as a critical step for Uber to ensure its long-term viability in a rapidly automating transportation market.

Uber Dllu, CC BY-SA 4.0
Uber
Peer-to-peer ridesharing, food delivery, and transportation network company headquartered in San Francisco, California
Waymo
Autonomous car technology company
Tesla
American automotive, energy storage and solar power company
Dara Khosrowshahi
Iranian businessman