SoftBank, expert in robotics, buys Uber shares

1 min reading time

Published on 13/11/17 - Updated on 17/03/22

Pepper robot

The Japanese group SoftBank, which already owns ex-robots Aldebaran that are used today in the hotel industry, should enter into Uber's capital with a billion dollar investment.

While the exact amount and date of the investment are not yet officially known, this announcement nonetheless confirms Uber's potential as well as a new development model for the digital business.

As the Japanese Softbank has already invested in numerous digital tools, including the robots used in the hotel industry, its acquisition of 14% buy Uber's capital could mean upcoming technological evolutions for Uber. The firm's expectations are high in this domain.

The famous American firm has ambitions, for example, to implement air taxis before 2028 for the Los Angeles Olympics. At that time, it is possible driverless cars will not longer constitute a fantasy for the firm's board.

In a nearer future, the know-how of its new shareholder should help Uber's endeavors in robotics, which are a key component of Uber's future, as the brand has ambitions, without having established real horizons, to manage a park of autonomous vehicles.

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