SAN FRANCISCO/SEATTLE — Amazon.com Inc. is in talks to invest in driverless automobile startup Zoox Inc., according to persons familiar with the make any difference, a deal that would speed up the e-commerce giant’s automation initiatives.
Other corporations in the automotive and chip industries have also held talks with Zoox about a likely expenditure, the persons mentioned. At least a single other organization aside from Amazon has made available to invest in the corporation, they included. Zoox is unlikely to provide for fewer than the $one billion that it has already elevated, according to the persons, who requested not to be discovered discussing personal negotiations.
“Zoox has been acquiring curiosity in a strategic transaction from numerous parties and has been doing work with Qatalyst Partners to consider these kinds of curiosity,” the startup mentioned. It declined to comment on Amazon’s curiosity. A spokeswoman for Amazon declined to comment.