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Uber to invest $1.25 billion in Rivian as part of new robotaxi deal
- Andrew J. Hawkins
- March 19, 2026 at 12:00 PM
- 2 views
Uber and Rivian are joining forces to deploy 50,000 fully autonomous robotaxis over the next several decades, the companies announced Thursday. As part of the deal, Uber will invest $1.25 billion in Rivian through 2031, contingent on Rivian meeting certain autonomy milestones, starting with an initial $300 million at signing. (The deal is still subject to regulatory approval.)
The news signals a big vote of confidence in Rivian's nascent autonomy efforts, which include designing its own custom AI chips to power Level 4 autonomous vehicles. Uber, meanwhile, has been on something of a robotaxi partnering spree, corralling a variety of compani …
Originally published at The Verge