Uber has announced an investment of more than $10 billion to deploy around 1.2 lakh autonomous cabs across at least 15 cities in the next six years. The company believes that robotaxis will become a key part of its future mobility strategy, but human drivers are still expected to remain on the platform because of the technological and operational challenges that come with automation.

Aug 5 : Uber Technologies forecast current-quarter adjusted earnings below Wall Street estimates on Wednesday, saying that foreign exchange would trim bookings growth and…

Uber is investing over $10 billion in autonomous vehicles, splitting funds between fleet purchases and AV developer equity stakes across 28