📝 Waabi raises $750M

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Waabi has shattered records with a $750-million, marking the largest primary capital raise in Canadian tech history and signalling a massive expansion from autonomous trucking into the high-stakes robotaxi wars. By securing an additional $250-million milestone-based commitment from Uber, founder Raquel Urtasun has effectively closed the loop on her personal history with the ride-hailing giant, positioning Waabi to deploy a staggering 25,000 autonomous vehicles exclusively on Uber’s platform. This "physical AI" powerhouse, now valued at roughly $3 billion, is leveraging a single generative AI brain to master both long-haul logistics and complex urban navigation, backed by a global syndicate including Nvidia, Volvo, and Porsche. The funding represents more than just a capital injection; it is a profound vote of confidence in a "simulation-first" approach that promises to deploy driverless technology at a scale and speed that legacy players are still struggling to match.

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