Uber $UBER ( ▲ 1.62% ) shares jumped more than 5% after the company unveiled a production-intent robotaxi built in partnership with Lucid $LCID ( ▲ 2.18% ) and autonomous driving startup Nuro at the Consumer Electronics Show in Las Vegas.
The vehicle is already being tested on public roads, with the companies planning a commercial launch later this year. The San Francisco Bay Area is expected to be the first market.
A robotaxi built on Nvidia’s stack
The Lucid-based robotaxi runs on Nvidia’s $NVDA ( ▼ 2.15% ) Drive AGX Thor computer, tying Uber’s announcement directly into Nvidia’s broader autonomous driving push at CES. Nvidia used the conference to roll out a series of hardware and software updates aimed at making autonomy more modular and easier for automakers and platforms to adopt.
For Uber, the approach avoids building everything in-house. Instead, it leans on Lucid for the vehicle platform, Nuro for autonomy expertise, and Nvidia for compute and software infrastructure.
Why investors liked the news
The announcement reinforces Uber’s asset-light strategy in autonomy. Rather than betting on a single proprietary system, Uber is positioning itself as the platform that connects riders to fleets built by partners.
It also highlights Nvidia’s growing role as the backbone of the autonomous ecosystem. As more companies converge on Nvidia’s hardware and software stack, partnerships like Uber, Lucid, and Nuro start to look less like one-off deals and more like part of a broader industry standard forming around Nvidia.