Engineering Passion
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The eCommerce business giant, Amazon has announced Friday that it has acquired the self-driving vehicle company Zoox. Amazon's deal to buy Zoox was reportedly valued at $1.2 billion, however, both the companies did not completely reveal the deal and financial terms and this amount is a substantial haircut from the $3.2 billion figure the startup reached less than two years ago when it raised $500 million from investors including Grok Ventures and Primavera Capital Group.