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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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Capital Infrastructure
Capital Infrastructure

Morphotonics raises €40 million for optics manufacturing and data-center push

Dutch manufacturing startup Morphotonics has raised €40 million in an extended round backed by investors including 3M Ventures, Innovation Industries, Invest-NL and the European Investment Bank. The company makes machines that sta...

Capital AI
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Spott raises €18.3 million to expand recruitment software

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Tencent launches preview of Hy Image 3.5 model

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Apple Music plans 600-capacity London concert and broadcast venue

Apple Music plans to open a 600-capacity concert hall beneath Apple's European headquarters at Battersea Power Station in the coming weeks. The venue will sell tickets for one-off performances by established and emerging artists, ...