Autonomous driving: Amazon works on the acquisition of Zoox


It is not a mystery that Amazon you have been working for some time on solutions for autonomous driving, so much so that it has created a dedicated team within it. Now, however, the company of Jeff Bezos would be preparing to take an important step forward. According to reports from the Wall Street Journal and Financial Times, theAmerican company would have set its sights on Zoox. For those who do not know it, it is a startup specialized in the development of driverless vehicles.

A reality born in 2014 but which has already achieved very important results. For example, she was the first to obtain authorization to be able to carry passengers in her vehicles in California. Negotiations between the two companies are going on and seem to be at an advanced stage. The choice to focus on Zoox is very curious given that Amazon, over time, has invested in the sector of autonomous driving on other companies like Aurora.

However, Zoox is currently located in financial difficulty and the health emergency would have further complicated his situation. Last month, in fact, the startup had been forced to lay off 100 employees, equal to 10% of its workforce, precisely because of this problem. Following all these difficulties, its present value it would certainly be lower than the $ 3.2 billion in 2018 after finishing his last round of funding.

Amazon could therefore tick a purchase price much lower, according to some rumors. With the acquisition of Zoox, Jeff Bezos’ company could accelerate the development of autonomous vehicles for product delivery.

Source link


Please enter your comment!
Please enter your name here