Uber seeks funds to expand robotaxi business on optimistic Q3 projections

Description

Uber Technologies Inc.’s CEO Dara Khosrowshahi revealed that the company is in active engagements with private equity firms and banks to secure funding for its growing robotaxi business just as the firm revealed optimistic Q3 predictions . Speaking on Wednesday, Khosrowshahi outlined a multi-pronged strategy for expanding its robotaxi operations through both partnerships and internal investment. Currently, Uber offers robotaxi rides in Austin and Atlanta via a partnership with Waymo, the self-dr...