Self-driving truck startup Waabi’s Billion-Dollar Fundraise it’s not just about trucks.

The deal, for $750 million up front and another $250 million from Uber tied to deployment milestones, marks a major expansion into robotaxis for the company founded by former Uber AI chief Raquel Urtasun. It also feels like another chip from Uber in the autonomous vehicle roulette table. With more than 20 AV partners around the world, the question is not only whether Waabi will be able to deliver on its plans to deploy more than 25,000 robotaxis, but whether Uber’s bet-on-everything strategy really works.

See as Equity Podcast hosts Kirsten Korosec, Sean O’Kane and Anthony Ha discuss Uber’s AV partnership strategy, why Waabi’s “simulation-first” approach is different, and more of the week’s headlines.

Subscribe to Equity in the YouTube, Apple Podcasts, dawned cloudy, Spotify and all the cast. You can also follow Equity on X and Poisonson @EquityPod.