Uber commits $14b to robotaxis in strategy shift
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Uber has committed over $14 billion to buying autonomous vehicles and taking stakes in their developers. The company plans to launch robotaxi services in at least 15 cities in 2026, partnering with providers like Baidu and Rivian.
Uber is shifting its business strategy by investing in autonomous vehicles. The company has committed over $14 billion to this effort. Uber plans to launch robotaxi services in 15 cities in 2026. Partnerships have been announced with Baidu and Rivian. This move breaks from Uber's traditional asset-light model. The goal is to avoid disruption from robotaxis.
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