Nebius Group N.V. Announces Strategic Investment in Avride Group, Inc.

Nebius Group N.V. has reported a strategic investment and other commitments totaling up to $375 million in Avride Group, Inc., a subsidiary specializing in autonomous driving technologies. This investment is backed by both Uber and Nebius Group. The funding will enable Avride to accelerate the growth of its fleet, support AI-driven product development, and expand its offerings into new geographies. The partnership builds on a multi-year strategic agreement signed in 2024, with plans to launch Avride’s robotaxi service on the Uber platform in Dallas by the end of 2025. Avride’s delivery robots are already operational on the Uber Eats platform in several cities. This investment underscores the significant market opportunity in autonomous driving technologies and services.