MockingbirdNews Logo

Mockingbird News

REAL NEWS NEVER FELT FUNNIER

Categories

Uber Bets $1.25B That Self-Driving Rivians Won’t Take Us to The Wrong House

Uber Bets $1.25B That Self-Driving Rivians Won’t Take Us to The Wrong House
Photo by Imad 786 on Unsplash

KEY POINTS

  • Uber announced a deal to invest $1.25 billion in Rivian through 2031, contingent on meeting autonomy milestones.
  • The first investment installment of $300 million was made upon signing, pending regulatory approval.
  • Together they plan to deploy 50,000 fully autonomous robotaxis over the coming decades, powered by Rivian's custom AI chips.

In a bold move that screams 'hold my coffee,' Uber pledged up to $1.25 billion to Rivian through 2031 with an opening $300 million check, trading hopes on 50,000 fully autonomous robotaxis that’ll allegedly chauffeur humanity for decades—once regulators find their reading glasses. Rivian is furiously crafting custom AI chips hoping their Level 4 tech will be less glitchy than a pet rock in a sandstorm, while Uber's on a honeymoon with every robotaxi startup around. This mega-collab officially announces that trusting your ride to robots is the 2020s version of dating apps: thrilling but terrifying.

Share the Story

(1 of 3)

Source: Theverge | Published: 3/19/2026 | Author: Andrew J. Hawkins

Read the original article →