Amazon is in advanced talks to acquire self-driving start-up Zoox, in what would mark the ecommerce group’s first purchase of a self-driving start-up, according to two people familiar with the matter. Zoox was founded in 2014 and is unique in the self-driving sector in seeking to master the triple challenge of creating a driverless system, building a ride-hailing network and manufacturing a bespoke autonomous vehicle at scale. Pulling this off would require enormous capital and unlike Cruise, the self-driving company backed by General Motors, or Argo AI, which has support from Volkswagen and Ford, Zoox does not have a major automotive partner. Read More...
Amazon is in advanced talks to acquire self-driving start-up Zoox, in what would mark the ecommerce group’s first purchase of a self-driving start-up, according to two people familiar with the matter. Zoox was founded in 2014 and is unique in the self-driving sector in seeking to master the triple challenge of creating a driverless system, building a ride-hailing network and manufacturing a bespoke autonomous vehicle at scale. Pulling this off would require enormous capital and unlike Cruise, the self-driving company backed by General Motors, or Argo AI, which has support from Volkswagen and Ford, Zoox does not have a major automotive partner.
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