After studying the competition for years via partnerships, Uber is apparently ready to take on more risk again.

Uber plans to invest up to $1.25 billion in Rivian as part of a deal to deploy up to 50,000 robotaxis in several countries through 2031.

After studying the competition for years via partnerships, Uber is apparently ready to take on more risk again.

Uber said it plans to invest $1.25 billion into Rivian Automotive to launch 50,000 autonomous robotaxis around the world, the company said.