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Uber takes stake in SoftBank-backed self-driving tech startup Wayve - TL;DR CNBC

Uber takes stake in SoftBank-backed self-driving tech startup Wayve

Publishing timestamp: 2024-08-29 10:55:25


Summary

Uber is investing in Wayve for a minority stake as part of a partnership to collaborate on autonomous driving technology. Wayve's advanced AI technology will be integrated into Uber's vehicles to enable automated driving capabilities. This partnership aims to bring autonomous driving technologies to consumers sooner and reimagines mobility for the future.


Sentiment: POSITIVE

Tickers: 9984.T-JPUBERNVDAMSFT

Keywords: business newstechnologybreaking news: technologymicrosoft corpsoftbank group corpventure capitaluber technologies incnvidia corp

Source: https://www.cnbc.com/2024/08/29/uber-takes-stake-in-softbank-backed-self-driving-tech-startup-wayve.html


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