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Amazon reportedly just scooped up its third self-driving car company

26 Jun 2020

Amazon may be looking to leverage Zoox’s tech for its delivery network, which could contribute to the company saving $20 billion a year.

Amazon is expected to announce today that it is buying self-driving car startup Zoox for $1.2 billion, reports the Financial Times. The deal, if confirmed, will be Amazon’s second-largest acquisition since 2009 when it bought shoe retailer Zappos.

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This content was originally published by Fast Company. Original publishers retain all rights. It appears here for a limited time before automated archiving. By Fast Company

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