The Globe and Mail reports in its Wednesday edition that autonomous vehicle start-up Waabi Innovation has raised $750-million (U.S.) in venture-capital financing and announced plans to launch a fleet of robotaxis with Uber. The Globe's Joe Castaldo and Sean Silcoff write that the Toronto company will use the new financing to continue its expansion into autonomous long-haul trucking, where it already has commercial operations with Uber Freight, in addition to deploying self-driving taxis that will navigate city streets. Founder and chief executive officer Raquel Urtasun said Waabi is well equipped to quickly launch robotaxis given the sophistication of its technology and the company's experience with trucking. Waabi will deploy a minimum of 25,000 autonomous vehicles on Uber's ride-hailing service, but disclosed few other details, including where and when the first robotaxis will launch, or whether the company has done on-road testing already. Ms. Urtasun also declined to identify a manufacturer that will build the vehicles powered by Waabi artificial intelligence. She did, however, emphasize that Waabi is moving quickly: "We're going to enter and deploy in robotaxi markets much faster than you've seen to date."
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