The deal provides cash to Rivian and is part of Uber’s attempts to stay relevant in a driverless future.
Uber to Buy Rivian Vehicles for Use as Driverless Taxis
Originally reported by New York Times. Read the full story at the original source.
Related Articles
Google value plunges by $500bn as AI fears rattle Wall Street
Image source, EPAImage caption, Google CEO Sundar Pichai has backed the company's massive spending on AI.ByKali Hay...
Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall Street
Amazon on Thursday became the latest tech company to announce swelling investments in A.I. amid stumbling share prices.
Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise
Rivian Automotive beat Wall Street's third-quarter earnings expectations as it ramped up production of its new R2 e...
Starbucks is about to report earnings. Here's what to expect
Starbucks is set to report its quarterly earnings after the bell on Thursday. Here's what Wall Street is expecting ...