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30m ago
Uber taps Rivian to build robotaxis in deal worth up to $1.25B
Uber is kicking off the partnership with an initial $300 million investment, while Rivian will provide as many as 50,000 autonomous R2 SUVs.
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Uber plans to invest $1.25B in Rivian through 2031, contingent on meeting autonomy milestones, starting with $300M at signing, to deploy 50K Level 4 robotaxis
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