Amazon in talks to buy autonomous vehicle startup Zoox
Amazon.com Inc. is in talks to buy driverless vehicle startup Zoox Inc., according to a person familiar with the matter, a deal that would accelerate the e-commerce giant's automation efforts. "Zoox has been receiving interest in a strategic transaction from multiple parties and has been working with Qatalyst Partners to evaluate such interest," the startup said. It declined to comment on Amazon's interest. A spokeswoman for Amazon declined to comment. Zoox had outsized ambition and financial backing.
May-27-2020, 05:08:17 GMT
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