Uber Technologies (UBER) announced on Tuesday plans to test self-driving vehicles using AI software made by Wayve on the road in London.
Uber on Tuesday said it was launching a self-driving pilot in London, which it said was the largest market it's targeted.
Uber plans to launch trials of fully driverless rides in the U.K. via a partnership with AI startup Wayve. The pilot will be Uber's first foray into so-called “Level 4” autonomous driving, which doesn't require a safety driver to be present.
Uber is all-in on robotaxis, and now it's bringing them to London. The ride-hailing giant is partnering with Wayve, a Microsoft-backed AI startup, to pilot a driverless ride-hailing service.
Uber Technologies (UBER 1.10%) and Carvana (CVNA -0.44%) aren't just two different companies. They're seemingly polar opposites.
UBER teams up with Five Below to expand non-food delivery via Uber Eats, thus fueling growth. However, one wonders whether the stock is worth chasing now.
Uber (UBER) reported earnings 30 days ago. What's next for the stock?
Uber Technologies Inc (NYSE:UBER, ETR:UT8) is evaluating the potential use of stablecoins as part of a broader effort to streamline cross-border transactions and reduce the costs of moving money internationally, according to CEO Dara Khosrowshahi. Speaking at the Bloomberg Tech conference in San Francisco on Thursday, Khosrowshahi said the ride-hailing giant is currently in the “study phase” of exploring the digital asset class.
Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Uber's profitability has surged, achieving its first operating profit in 2023 and maintaining strong financial momentum since. The company boasts an outstanding factor grade profile, especially an A+ in profitability, supporting my strong buy rating. Uber's deep integration of AI and ML, plus partnerships for autonomous mobility, positions it for future industry leadership.
Uber said in a regulatory filing Monday that Pierre-Dimitri Gore-Coty, the company's senior vice president of delivery, is stepping down from his position. Gore-Coty joined Uber as a general manager in France in 2012, and worked his way up to become vice president of mobility for the Europe and Middle East region four years later.
Uber stock fell more than 5% Thursday, following a report that Tesla will launch its robotaxi service in early June.