Uber commits $10B to expand Robotaxi fleet and equity, challenging Tesla and Waymo dominance.

Uber plans to invest $10 billion in its Robotaxi business, allocating $2.5 billion to acquire stakes in Robotaxi companies and $7.5 billion to expand its fleet starting in 2027 with over 100,000 vehicles. The company is partnering with firms like Nuro, Lucid, Nvidia, and Rivian, integrating advanced tech such as Nvidia DRIVE. CEO Dara Khosrowshahi highlights the trillion-dollar market potential and Uber's strategy to leverage its massive user base and partnerships to compete with Tesla and Waymo. This aggressive push positions Uber as a major player in the autonomous vehicle sector.