The ride-hailing firm deepens its autonomous vehicle push with a near-$500 million commitment to deploy thousands of robotaxis.
Uber has agreed to invest nearly $500 million in self-driving startup Nuro, aiming to deploy 35,000 autonomous taxis. The deal underscores Uber’s strategy to expand its robotaxi operations and reduce reliance on human drivers.
The commitment follows prior investments in autonomous technology, including partnerships with Waymo and Aurora. Uber’s prior quarterly earnings highlighted growing demand for ride-hailing services, though profitability remains a focus.
No immediate market reaction was reported, but the move signals long-term confidence in autonomous vehicle commercialization.