Amazon.com Inc is in advanced talks to buy self-driving startup Zoox Inc, in a move that would expand the e-commerce giant's reach in autonomous-vehicle technology, the Wall Street Journal reported https://on.wsj.com/36wXJUV on Tuesday.
The deal will value Zoox at less than the $3.2 billion it achieved in a funding round in 2018, the Journal reported, citing people familiar with the matter.Amazon has stepped
up its investment in the car sector, participating in a $530 million funding round early last year in self-driving car startup Aurora Innovation Inc.Reporting by C Nivedita in Bengaluru; Editing by Ramakrishnan M.
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