Uber targets 50,000 robotaxis in major Rivian, Nvidia deals

In its fourth-quarter earnings report in February, the ride-hailing giant Uber outlined its strategy to expand into autonomous vehicles. And within a month, it has successfully announced several high-profile partnerships, deepening its push into the emerging AV industry. The latest moves came this week, involving Uber’s new deals with Rivian and Nvidia. On Thursday, March 19, under a new agreement with EV maker Rivian, Uber plans to invest up to $1.25 billion and support the deployment of up to 50,000 ...