1. Amazon to Acquire Self-Driving Company Zoox for $1.2B

    Amazon to Acquire Self-Driving Company Zoox for $1.2B

    Reports have emerged that Amazon.com AMZN will purchase self-driving startup Zoox for “more than $1.2B” with exact details of the deal not disclosed. Amazon says they plan to have Zoox realize its vision of passenger transport (robotaxi) service, which I will dub “AMAZOOX.” At the same time, it is hard to believe they don’t also have interest in robotic delivery and logistics, since that’s a huge part of their business.

    I have already done analysis twice on this deal — first when Zoox started shopping, and then when Amazon was revealed as the suitor. All the analysis in these articles remains similar. Today, two things become fact — the confirmation of the deal and Amazon’s declaration that ...

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