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Uber is teaming up with a Microsoft-backed startup to launch robotaxis on the chaotic roads of London

1. Uber partners with Wayve, a Microsoft-backed startup, for robotaxis in London. 2. Wayve's technology claims adaptability to diverse driving conditions. 3. UK fast-tracks self-driving taxi approvals to spring 2026. 4. Uber invests in Wayve, viewing robotaxis as a key strategy. 5. London's chaotic roads will serve as a challenging proving ground.

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FAQ

Why Bullish?

The partnership highlights Microsoft's strategic involvement in autonomous vehicle technology, which can lead to increased demand for its AI services.

How important is it?

The article emphasizes Microsoft’s role in an emerging technology; its success could boost investor confidence in MSFT's capabilities in AI.

Why Long Term?

As robotaxi technology develops, MSFT's ongoing investments in AI could yield significant future returns, similar to how their Azure cloud services expanded alongside cloud adoption.

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