Uber is pumping $1.25B into Rivian for robotaxis
Uber just announced a deal to invest up to $1.25 billion in Rivian, aiming to deploy 10,000 autonomous R2 vehicles by 2031. Starting in San Francisco and Miami in 2028, the robotaxi fleet will run exclusively on Uber's app. Why it matters: Uber wants to lock in hardware partners and cement itself as the platform for autonomous fleets before self-driving rivals push it aside.