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Forbes Daily Briefing

Robot Trucker Waabi Wades Into Robotaxi Battle With Billion Dollar Raise

Forbes Daily Briefing

Forbes

Business, Tech News, News

4.418 Ratings

🗓️ 5 February 2026

⏱️ 5 minutes

🧾️ Download transcript

Summary

CEO Raquel Urtasun says the funds, including $250 million from Uber, will help get at least 25,000 robotaxis using her tech on Uber’s platform and launch trucking operations with Volvo.

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Transcript

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0:00.0

Here's your Forbes Daily Briefing for Thursday, February 5th.

0:05.0

Today on Forbes, robot trucker Wabi wades into Robotaxi battle with billion-dollar raise.

0:13.0

There's a new competitor in the war for Robotaxi supremacy, and it's an unlikely one.

0:19.0

Wabi, a Canadian self-driving truck startup created by

0:23.6

AI scientist Raquel Erdison. The company says it's raised up to $1 billion from venture

0:30.2

firms and Uber to help commercialize its robotic big rig business and fund a surprise foray

0:36.4

into the Robotaxyi market currently led by

0:39.3

Alphabet's Waymo. The Toronto-based company, which is supplying autonomous driving software to

0:45.6

Volvo to deploy large numbers of robot semis in the U.S., will also work exclusively with Uber

0:51.8

to put tens of thousands of robo taxies on its ride-hale platform,

0:55.9

powered by its tech. This according to what Erdison told Forbes. She declined to say when

1:02.3

vehicles operated by the so-called, quote, Wabi driver would hit the road and which carmaker

1:07.8

will produce them. Wabi CEO Erdison, formerly chief scientist for Uber's in-house self-driving car unit,

1:15.5

Uber ATG, said, quote, Uber is the largest ride-sharing network globally, so that enables an

1:22.1

incredible market for us to enter, but it helps that we are deploying a minimum of

1:26.4

25,000 robots on the Uber network.

1:29.3

Putting at least 25,000 robo taxis into service would be a huge increase for that market,

1:35.3

given that Waymo, which operates in six U.S. cities and urban regions,

1:39.3

currently books about half a million paid rides a week, with a total fleet of fewer than 3,000

1:45.0

electric vehicles. Though Erdison has said in the past that Wabi was looking to expand its

1:50.3

driverless tech beyond commercial trucking, this is the first time she's confirmed a specific

1:55.5

plan to do so. There's no shortage of competition in the space, however. Beyond Waymo and efforts by Tesla to

...

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