Waabi Raises $1 Bln, Partners With Uber To Launch Robotaxis
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Waabi, an autonomous vehicle startup, has raised $1 billion and partnered with Uber to launch self-driving cars on its ride-hailing platform. The funding includes a $750 million Series C round and $250 million in performance-based capital from Uber for at least 25,000 robotaxis. This partnership highlights Waabi's AI-first approach, allowing it to efficiently manage both robotaxis and trucking. Waabi has raised a total of $1.28 billion and is currently testing autonomous trucks in Texas, with plans to expand its ventures in the coming years.
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