Here’s a concise update on Waabi for you.
Waabi has been making waves with a major funding round and broad strategic moves into robotaxi and autonomous trucking. In late January 2026, Waabi reportedly raised about $1 billion in financing, including a $750 million Series C for autonomous trucking expansion and a milestone-based roughly $250 million commitment from Uber to deploy up to 25,000 Waabi-powered robotaxis on Uber’s platform, though timelines for deployment were not disclosed. This cements Waabi’s push beyond trucking into passenger mobility via robotaxis, leveraging partnerships with major players like Uber and Volvo on the hardware/software side. These developments come after Waabi had previously raised funds and demonstrated ongoing pilot programs, highlighting its AI-first approach and the Waabi Driver platform. For context, Waabi had publicly disclosed substantial funding rounds in 2024 and 2025, bringing total reported capital to over $1.2–1.3 billion depending on sources. Recent coverage also tracks executive commentary and regulatory discussions around autonomous vehicles, including Canada-related regulatory topics where Waabi has been active, given CEO Raquel Urtasun’s Canadian roots and ongoing regulatory engagement.
Key points
- Funding: Approximately $1.0B total announced in Jan 2026, including a $750M Series C and about $250M from Uber for robotaxi deployment. This marks a significant scale-up from prior rounds. This aligns with multiple outlets reporting a $1B financing package. [Sources discussing the $1B and Uber partnership appeared in late Jan 2026 coverage].[1][2]
- Robotaxi expansion: The Uber deal is aimed at deploying Waabi-powered robotaxis on Uber’s platform, signaling Waabi’s entry into ride-hailing-scale autonomous passenger mobility. Timelines for large-scale rollout were not disclosed in the reported materials. [Bloomberg/Reuters-style coverage noted the collaboration and scale-up; see related articles].[3][1]
- Trucking and hardware partnerships: Waabi continues to develop autonomous trucking with collaborations (e.g., Volvo) and a focus on a scalable, end-to-end AI-assisted driver system, the Waabi Driver. [Tech coverage and Waabi’s own materials describe this direction].[4][5]
- Market context: Waabi has been a frequent subject of tech and business press (TechCrunch, Bloomberg, BNN Bloomberg) tracking its funding, pilots, and regulatory discussions, including commentary on Canada-related regulatory environments. [TechCrunch tag pages and Bloomberg/video coverage provide ongoing context].[9][4]
If you’d like, I can pull a few recent, specific articles from major outlets (e.g., Bloomberg, TechCrunch, Yahoo Finance) and summarize the latest details, including any stated deployment timelines or regulatory developments. I can also help compare Waabi’s funding milestones with peers in autonomous trucking and robotaxi spaces.
Sources
Waabi is pioneering Physical AI, starting with autonomous trucks. We developed a next-generation approach leveraging an end-to-end interpretable and verifiable AI model that’s powered by the industry's most realistic neural simulator. This dramatically reduces the development time and resources needed to bring self-driving vehicles to public roads — safely and at scale.
waabi.aiWaabi is pioneering Physical AI, starting with autonomous trucks. We developed a next-generation approach leveraging an end-to-end interpretable and verifiable AI model that’s powered by the industry's most realistic neural simulator. This dramatically reduces the development time and resources needed to bring self-driving vehicles to public roads — safely and at scale.
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www.globenewswire.comTrack the latest Waabi news, press releases, and media coverage. Stay ahead of market moves and get real-time alerts with Distill.
www.distillintelligence.comRead the latest news and analysis about Waabi, an autonomous trucking technology startup founded by Raquel Urtasun, on TechCrunch.
techcrunch.comWaabi is pioneering Physical AI, starting with autonomous trucks. We developed a next-generation approach leveraging an end-to-end interpretable and verifiable AI model that’s powered by the industry's most realistic neural simulator. This dramatically reduces the development time and resources needed to bring self-driving vehicles to public roads — safely and at scale.
waabi.ai