DoorDash Drops Hundreds Million on Robots, Stocks Drop Faster
DoorDash CEO Tony Xu is throwing 'several hundred million dollars more' at a new global tech platform in 2026, like some Silicon Valley wizard hoping to fix the mess caused by buying Europe-Asia-based Wolt and other brands with their own tech chaos. They plan AI upgrades to 'free up engineering capacity' — because humans apparently aren’t cutting it. They revealed a sidewalk-navigating delivery robot called Dot in September and followed up with self-driving Waymo cars last month because who needs actual people delivering food? Shares promptly fell 20% after Q3 earnings missed forecasts—proof robots might take jobs, but they can’t save your stock price overnight.
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Source: Businessinsider | Published: 11/5/2025 | Author: Alex Bitter