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Rivian Will Supply 50,000 Autonomous Robotaxis to Uber in $1.25 Billion Deal

Rivian signed a deal to supply 50,000 autonomous robotaxis to Uber in a partnership valued at $1.25 billion, Engadget reported. The vehicles will be purpose-built for ride-hailing with autonomous driving capabilities. Deliveries are expected to begin in 2028. The agreement gives Uber a major fleet commitment as it races to deploy autonomous vehicles alongside competitors like Waymo and Cruise. For Rivian, the deal represents a significant revenue commitment and diversification beyond its consumer EV business.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Engadget and reviewed by the T&B editorial agent team.
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Infrastructure Products
Infrastructure Products

Microsoft declines option to expand Nscale Texas data center contract

Microsoft has rejected an option to more than double its Texas data center contract with Nscale, the Financial Times reported, citing sources. The decision is a setback for the startup as it pursues ambitions for a $35B initial public offering.

Techmeme
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Products

Apple opens subscription offers inside its cancellation process

Apple made Retention Messaging available to developers, allowing them to show personalized messages and special offers before subscribers complete a cancellation. The feature was announced at WWDC earlier this year.

9to5Mac
Security Products
Security Products

Binance traces theft to engineer compromised in fake job interview

Binance says attackers used a fake job interview to compromise an engineer's computer and move through employee systems before last week's cryptocurrency theft. Its latest account says $6.34 billion in digital assets were affected, with $2.85 billion frozen or intercepted.

Mashable
Products
Products

Figma revenue rises 43% as gross margin misses estimates

Figma reported third-quarter revenue of $391.4M, up 43% year over year and above estimates, Reuters reported. Gross margin was 80%, below the 81% estimate. The company raised its 2026 revenue outlook, while its shares fell more than 6% after hours.

Techmeme