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Amazon buys self-driving start-up Zoox

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Amazon buys self-driving start-up Zoox

Amazon has announced it has purchased the self-driving ride-hailing start-up Zoox for a reported $1.2 billion dollars.

Axar.az reports citing foreign media that however, if your thoughts immediately turned to autonomous Amazon Prime vehicles dominating the highways, that’s apparently not where the firm’s head is at.

This isn’t an acquihire to obtain the technology, Amazon has said it is intent on bringing the company’s mission to fruition. The company says Zoox is pioneering the future of ride-hailing “by designing autonomous technology from the ground up with passengers front-of-mind” and wants them to get on with it.

Amazon says the current executive team will continue to lead the way and the firm, which has been in operation since 2014, will be a standalone business. Whether Amazon will look to interfere in that business remains to be seen.

Date
2020.06.27 / 20:56
Author
Axar.az
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