Uber in Talks with Banks, Private Equity Firms to Fund Robotaxi Expansion

Uber in talks with banks, private equity firms to fund robotaxi expansion

Uber is in talks with private equity firms and banks to secure funds to build its robotaxi business, CEO Dara Khosrowshahi said, as the ride-hailing giant bets on a mass roll-out of the nascent and much-scrutinized technology.Read MoreThe post Uber in talks with banks, private equity firms to fund robotaxi expansion first appeared on The Who Dat Daily.

Uber in Talks With Banks, Private Equity Firms to Fund Robotaxi Expansion

Uber In Talks With Banks, Private Equity Firms To Fund Robotaxi Expansion - InsideBusiness - Business News in Nigeria

Uber is in talks with private equity firms and banks to secure funds to build its robotaxi business, CEO Dara Khosrowshahi said, as the ride-hailing giant bets on a mass roll-out of the nascent and much-scrutinized technology. The company has been offering robotaxis from Alphabet-owned Waymo on its ride-hailing app in Austin and Atlanta. It also struck a $300 million partnership in July that will allow it to deploy more than 20,000 vehicles, ma…

Lucid and Uber in self-driving robotaxi deal

Lucid and Uber in self-driving robotaxi deal Lucid Group - using software from Nuro - and Uber Technologies have announced a global ‘robotaxi’ programme exclusively for the Uber ride-hailing platform.The robotaxi service, to start next year “in a major US city”, will use the electric Lucid Gravity passenger car, equipped with a Nuro Driver Level 4 autonomy system. The Nuro Driver, from Nuro, will enable the Lucid Gravity to operate at Level 4 au…