What Does Uber's $1.25B Investment Mean for Rivian's Future?
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Uber is investing in Rivian, with the potential investment totaling $1.25 billion, as part of a deal for Rivian to provide robotaxis. The investment amount may be contingent on certain goals being met, with some reports indicating an initial commitment of $300 million. The partnership is expected to result in thousands of robotaxis on US roads, with some reports specifying an order for 50,000 vehicles.
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