Uber Technologies Inc. will be the exclusive app for driverless rides in Alphabet Inc.’s Waymo cars in Austin and Atlanta, marking a significant step in the autonomous vehicle space. The partnership will involve Uber managing a fleet of Waymo’s electric vehicles while Waymo focuses on testing and operating the technology. This collaboration is part of Uber’s strategy to position itself as a platform for autonomous vehicle commercialization, rather than developing the technology in-house. The move has boosted investor confidence, with Uber’s stock rising after the announcement. Waymo has been steadily expanding its robotaxi service, with plans for further growth in the future.
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