Amazon to acquire self-driving car startup Zoox – Elon Musk calls Jeff Bezos a copycat

Amazon in a blog post yesterday announced that it has signed an agreement to acquire Zoox, a California-based self-driving startup started in 2014. Founded by Jesse Levinson and Tim Kentley Klay, Zoox has raised around $955 million across four funding rounds from investors including Grok Ventures, Blackbird Ventures, Lux Capital, Thomas Tull and Threshold.

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As per the statement published by Amazon, Aicha Evans, CEO and Jesse Levinson, co-founder & CTO of Zoox will continue to lead the team.

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Commenting on the development, Aicha said,

β€œThis acquisition solidifies Zoox’s impact on the autonomous driving industry. We have made great strides with our purpose-built approach to safe, autonomous mobility, and our exceptionally talented team is working every day to realize that vision. We now have an even greater opportunity to realize a fully autonomous future.”

Following the news, Elon Musk, the CEO of SpaceX and co-founder of Tesla took on the Twitter to bash Jeff Bezos – calling him a Copycat.

One fact that backs Bezos is that, Zoox’s vehicles are designed for ride-hailing, unlike Tesla’s which are targetted to customers directly – as highlighted by Business Insider.

Wajiha Wahab
Wajiha Wahab

Part of the editorial team at LAFFAZ, Delhiite by birth, Wajiha possesses a keen interest in reading about startups, accumulating information and presenting the same to the audience impressively.
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