Amazon is in talks to buy robo-taxi startup Zoox.

Amazon is presently a major name in the realm of innovation. Amazon has a variety of businesses, starting with e-commerce business. Thinking about the future, Amazon now reached out to the ride-sharing organization. According to a report in The Wall Street Journal on Tuesday(26 May 2020), Amazon authorities have begun talks to buy ZOOX, a San Francisco-based Robo-taxi startup. If you buy ZOOX, the car of automatic technology will be in the hands of Amazon in the future.


As part of this effort, Amazon is considering acquiring the startup. Google's parent company Alphabet, ride-sharing company UBER, carmaker Tesla and other carmakers have invested in the technology sector so that people don't need to drive. Intelligent devices can navigate the car instead of the driver. Amazon has its own specialized group to take part in the race for self-driving or self-driving vehicle technology. They are looking at the use ZOOX cargo trucks in the e-commerce sector.


Amazon and ZOOX  are discussing the progress of the deal. The estimation of the startup, which was set two years prior, will currently be not exactly the 3.2 billion. Established in San Francisco in 2014, the startup is chipping away at a crucial make autonomous fleets. Last year, the organization set an objective to dispatch it in Las Vegas, where driver-less cars can be called with a mobile app.


Post a Comment

If you any Question, Please contact us.

Previous Post Next Post