Uber Pivots to Fleet Owner with $10 Billion Robotaxi Bet

Uber Technologies has committed $10 billion toward autonomous vehicle infrastructure over five years, fundamentally reorienting from marketplace operator to fleet owner and technology developer. Deployment begins in select U.S. metros by Q3 2026, with nationwide scaling through 2030. The investment spans vehicle procurement, sensor hardware, manufacturing partnerships, and regulatory reserves. Human drivers will operate alongside robotaxis during transition. This marks Uber's most significant strategic shift since its 2019 IPO, reflecting management confidence that autonomous ride-hailing will achieve commercial viability within five years.