Waabi raises $1B to advance autonomous trucks and robotaxis

Waabi will apply its Physical AI Platform developed for trucks to robotaxis in an expanded partnership with Uber. Source: Waabi

More AI-enabled vehicles are coming to the roads, as Waabi today said it has closed an oversubscribed $750 million Series C round to accelerate its commercialization of autonomous trucks. The company has also secured additional investment from Uber Technologies Inc. and said the strategic partnership will support its expansion into robotaxis.

“Waabi’s Physical...