Uber backs Nuro with $500M for a 35,000-robotaxi fleet built on Lucid and Nvidia

Uber has channeled close to $500M into Nuro — a $203M Series E plus milestone-linked tranches — to deploy 35,000 driverless vehicles built on Lucid Gravity SUVs with Nvidia DRIVE AGX Thor, routed through Uber's ride-hailing network before end of 2026. Nuro has already cleared its first milestone and holds California DMV approval for driverless testing, a sign that robotaxi buildouts are consolidating into multi-partner capital-plus-hardware-plus-platform stacks rather than single-company end-to-end plays.

Source: money.usnews.com ↗