Uber to roll out robotaxis with Wayve in 10 markets
Uber also has its sights set on 10 robotaxi markets — a milestone that Alphabet subsidiary Waymo reached yesterday.
As part of its latest $1.5 billion funding round, autonomous tech startup Wayve announced that it will be helping to power robotaxis on Uber’s network, with its first launch in London this year. That’s followed by “plans to scale to more than 10 markets globally.”
The companies didn’t specify the vehicle model, but said Wayve’s AI Driver will be deployed in L4-capable vehicles from participating automakers. Uber will own and operate the fleet.
Microsoft, Nvidia, Mercedes-Benz, Nissan, and Stellantis were also part of the fundraise.
Separately, an Uber filing Tuesday showed that newly appointed CFO Balaji Krishnamurthy purchased $1.6 million in company stock.
Uber shares are up about 1% premarket.
The companies didn’t specify the vehicle model, but said Wayve’s AI Driver will be deployed in L4-capable vehicles from participating automakers. Uber will own and operate the fleet.
Microsoft, Nvidia, Mercedes-Benz, Nissan, and Stellantis were also part of the fundraise.
Separately, an Uber filing Tuesday showed that newly appointed CFO Balaji Krishnamurthy purchased $1.6 million in company stock.
Uber shares are up about 1% premarket.
