Amazon buys self-driving technology company Zoox
Amazon said the deal will help bring Zoox's "vision of autonomous ride-hailing to reality." Zoox will continue to operate as a standalone business within Amazon, with CEO Aicha Evans and Jesse Levinson, the company's co-founder and CTO, continuing to lead the team, Amazon said.previously reported that Amazon would pay more than $1.2 billion to acquire Zoox. An Amazon spokesperson declined to comment.
"Zoox is working to imagine, invent, and design a world-class autonomous ride-hailing experience," said Jeff Wilke, Amazon's CEO of global consumer, in a statement. "Like Amazon, Zoox is passionate about innovation and about its customers, and we're excited to help the talented Zoox team to bring their vision to reality in the years ahead."It's a large deal for Amazon, which acquired Whole Foods for $13.
It's not immediately clear what Amazon plans to do with Zoox's technology, but it's possible Amazon could integrate Zoox's offerings into its logistics network to offer cheaper and faster delivery, as well as its cashierless grocery stores.
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