Uber(US:UBER) Zhi Tong Cai Jing·2025-10-22 12:53Group 1 - Uber and Dutch cloud infrastructure company Nebius plan to invest up to $375 million in Nebius's autonomous vehicle subsidiary, Avride, to accelerate the expansion of Avride's autonomous fleet, which is expected to reach 500 vehicles [1] - The investment will support product development and market expansion for Avride, with potential additional investments contingent on achieving specific milestones [1] - This investment marks the first external funding for Avride and is structured as convertible debt, allowing Uber the option to convert the investment into equity in the future [1] Group 2 - Uber's CEO Dara Khosrowshahi stated that the company will continue to invest in the autonomous driving technology ecosystem, betting on a future where human and autonomous driving coexist [2] - Uber has invested or committed funds to several autonomous driving and drone companies, including significant partnerships with companies like Lucid and Nuro, with some deals reaching hundreds of millions of dollars [2] - Since selling its own autonomous driving division in 2020, Uber has established partnerships with over ten autonomous driving companies to compete with firms like Waymo and Tesla, including collaborations with Waymo in certain U.S. markets [2]