Avride Receives $375 Million Investment From Uber, Nebius

MT Newswires Live
Oct 22

Avride said Wednesday it received an investment of up to $375 million from Uber Technologies (UBER) and Nebius (NBIS).

The company said the funding will support the expansion of its fleet, AI development, and geographic growth.

It added that the deal builds on its existing partnership with Uber, including plans to launch a robotaxi service on the Uber platform in Dallas by the end of 2025.

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