Uber pledges $10 billion to lead robotaxi race

Uber has pledged to invest over $10 billion in its robotaxi business over coming years, aiming to lead the autonomous vehicle race as bookings and cash flow continue to grow. The investment commitment, reported by Financial Times, signals Uber’s aggressive push into self-driving technology. The company seeks to establish dominance in a competitive market while maintaining momentum in its core ride-hailing operations. This strategy comes amid broader industry competition among autonomous driving developers. Uber’s expanded focus on robotaxis reflects its ambition to integrate self-driving vehicles into its platform and secure long-term growth beyond traditional driver-based services.