AMAZON MOVES INTO ROBOTAXIS
Amazon Buys Autonomous Mobility Startup Zoox Source: Zoox Amazon Moving People and Packages Amazon has purchased self-driving startup Zoox of Foster City, CA for more than $1.2 billion. It's the e-commerce giant's biggest investment yet in the self-driving, autonomous category. And, it's the second biggest acquisition that Amazon has ever made after purchasing Whole Foods. This catapults Amazon into potentially another new business category. It may not be just moving packages but also people. Zoox's expertise is designing a world-class autonomous ride-hailing service, also known as RoboTaxis. Amazon CEO Jeff Bezos is always on the move for new avenues of business. Zoox's Approach Zoox's approach to self-driving is different. It's not retrofitting existing cars with self-driving technology. It's developing a whole new, purposed, self-driving vehicle with no steering wheel that can move in any direction. Some analyst...