Free NewsletterPro Login
S&P 500 6,287 +0.42%
DOW 44,521 -0.18%
NASDAQ 21,103 +0.71%
S&P 500 +12.4%
Briefs Finance Fund +24.8%
JOIN THE FUND →

Waymo Ends Uber's Exclusive Access to Robotaxis in Two U.S. Cities

Published Jul 25, 2026
[tts_player]
Share:
Summary:
  • Waymo will launch its own ride-hailing app in Atlanta and Austin in January 2028, ending Uber's exclusive access.
  • Uber can continue offering Waymo robotaxis through May 2028 under the existing contract.
  • Uber's stock dropped over 4% following the announcement of the split.

A Three-Year Deal Comes Undone

For the past three years, Uber has been the only way to hail a Waymo robotaxi in Atlanta and Austin. That arrangement is about to dissolve.

The current contract runs until May 2028, so that hundreds of Waymo self-driving cars will still be accessible via Uber until at least that time, according to an Uber spokesperson who confirmed the news to CNBC by email.

Why now? This shift comes as Waymo has gained significant momentum in the autonomous ride-hailing space in a number of U.S. cities. Waymo currently operates its self-driving taxis in nine additional markets, according to the company's website, with more cities engaged in various stages of testing.

According to a Friday report from the Financial Times, internal talks at Waymo about dissolving the exclusive deal were fueled by tensions between the companies, including disputes over local regulatory positions.

Get the market news that matters in a five-minute read with Market Briefs, our free daily newsletter

A Waymo spokesperson stated via email, "users need choice in how they experience this technology," and added, "This is essential to the industry's future and to our vision of making the Waymo app and the safety of our technology available to riders everywhere."

Waymo's move to go direct in Atlanta and Austin is part of a larger push to build its own rider base and brand. The company already operates autonomous taxis in markets like San Francisco, Phoenix, and Los Angeles, and has been scaling its fleet rapidly. By launching its own app, Waymo can capture more revenue per ride and develop direct customer relationships, a strategy also pursued by Tesla and Amazon's Zoox.

What Uber Loses and Gains

For Uber, losing exclusive access to Waymo's robotaxis in two cities is a real blow.

However, the new arrangement permits Uber to introduce rival autonomous vehicles to its service in Atlanta and Austin. Apart from its partnership with Waymo, Uber has been pouring resources into autonomous vehicle development and has pledged to purchase cars from various collaborators, such as the startups Waabi, Wayve, and Nuro, together with EV manufacturer Rivian, once their autonomous vehicles are certified to operate safely without a human behind the wheel.

Meanwhile, Waymo is not the only company building its own app. Tesla, Amazon's Zoox, and numerous other companies are building their own applications for summoning autonomous taxis. In the previous year, Waymo entered into a non-exclusive arrangement with Lyft to provide self-driving taxi services in Nashville, Tennessee.

What This Means for Your Money and Your Ride

For riders in Atlanta and Austin, the short answer is: nothing changes until early 2028. For now, you can still hail a Waymo through Uber. After January 2028, you will have two ways to get one - the Uber app and the Waymo app. And Uber will be free to add other self-driving cars to fill the gap.

Join Market Briefs, our free daily newsletter, for a quick daily rundown of the markets

Disclosure

Recent News

1 2 3 42

Get Market Briefs delivered to your inbox every morning for free!

No fluff. No noise. No politics. Just finance news you can read in 5 minutes.

Blogs

June 29, 2026
Portfolio Diversification: Why Putting All Your Eggs in One Basket Destroys Wealth
  • Real diversification means spreading investments across all 11 economic sectors plus bonds, alternatives, and cash so no single bet can sink the portfolio.
  • Different sectors perform at different times, so a diversified portfolio captures upswings while smoothing the brutal drawdowns that wipe out concentrated bets.
  • Total market index funds offer the simplest path to diversification, and annual rebalancing is what keeps the structure working over time.
Read More
June 29, 2026
Non Taxable Income: What It Is and Why It Matters
  • Non taxable income is money you receive that you don't owe income tax on.
  • The tax code treats workers, investors, and business owners very differently, and investors often come out ahead.
  • Learning how income is taxed is a quiet superpower for keeping more of what you earn.
Read More
June 29, 2026
Semiconductor Stocks: A Simple Guide for Investors
  • Semiconductor stocks are companies that design and make computer chips, the brains inside nearly every modern device.
  • The AI boom has turned chips into one of the market's most important and most watched groups.
  • They offer big growth potential, but come with high valuations and a notoriously cyclical history.
Read More
June 25, 2026
How Stocks Work: A Simple Guide for Beginners
  • A stock is a slice of ownership in a company - buy one, and you own a piece of the business.
  • You make money two ways: the share price rising over time, and dividends paid to shareholders.
  • The simplest path for most beginners is buying into the whole market through a low-cost index fund.
Read More
June 25, 2026
Stop Loss vs Stop Limit: What's the Difference?
  • A stop loss order sells your stock once it hits a trigger price, prioritizing getting you out.
  • A stop limit order only sells within a price range you set, prioritizing price over a guaranteed exit.
  • The trade-off: a stop loss almost always executes; a stop limit might not if the price moves too fast.
Read More
June 25, 2026
Energy Stocks: A Simple Guide for Investors
  • Energy stocks are companies that produce and supply the power the world runs on, from oil and gas to newer sources.
  • They make up one of the 11 sectors of the market and tend to move with energy prices and big-picture shifts.
  • Like any sector, the key is diversification and understanding the forces driving demand.
Read More
June 18, 2026
What Is a Stop Loss Order? A Simple Guide
  • A stop loss order automatically sells a stock once it falls to a price you set.
  • It's a tool to cap losses or lock in gains without watching the market all day.
  • It works best for active strategies, and can backfire if used carelessly on long-term holdings.
Read More
June 18, 2026
Best S&P 500 Index Fund: How to Choose One
  • The best S&P 500 index fund for most investors is simply the cheapest, most established one that tracks the index well.
  • Funds like VOO, IVV, and SPY all hold the same 500 companies, so the biggest difference is the fee.
  • Pick one, automate your buys, and let time do the heavy lifting.
Read More
June 17, 2026
What Are Penny Stocks? Risks and Rewards Explained
  • Penny stocks are very low-priced shares of very small companies, often trading for just a few dollars or less.
  • They promise huge gains but carry huge risks: low liquidity, high failure rates, and wild price swings.
  • Most investors are better served by quality companies and funds than by chasing cheap shares.
Read More
June 17, 2026
Best Stocks for Beginners With Little Money
  • The best stocks for beginners with little money usually aren't individual stocks at all - they're low-cost index funds.
  • You can start with $100 or less and use small, regular investments to build wealth over time.
  • Focus on diversification and consistency, not on picking the next big winner.
Read More
1 2 3 24
Share via
Copy link