Uber commits $10 billion to robotaxis in strategy shift: FT

Uber ​has committed ​more than $10 billion to buying ‌thousands ⁠of ⁠autonomous ​vehicles and taking stakes ​in their developers, ​breaking ⁠from its ‌asset-light "gig ​economy" ​business ⁠model to avoid ​disruption from ​robotaxis, according to a...

Reuters
Uber has committed more than $10 billion to buying ‌thousands ⁠of ⁠autonomous vehicles and taking stakes in their developers, breaking ⁠from its ‌asset-light "gig economy" business ⁠model to avoid disruption from robotaxis, the Financial Times reported ‌on Wednesday.

Reuters could not immediately ⁠verify the report.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Tech & Internet › Uber commits $10 billion to robotaxis in strategy shift: FT
Text Size:AAA
Success
This article has been saved

*

+