Uber is spending $10 billion to deploy 120,000 robotaxis across 15 cities

Chief executive Dara Khosrowshahi said the spending is possible because Uber is generating strong cash flow from its core business. In the second quarter, the company produced a record $2.8 billion in free cash flow. Over the past 12 months, free cash flow has reached about $10.1 billion as bookings...Read Entire Article