The U.S. Supreme Court declined on Monday to hear a challenge by Uber and Lyft to lawsuits by the state of California on behalf of drivers who signed agreements to keep legal disputes with the ride-hailing companies out of court in a legal fight over their status as contractors.
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Uber broadens its network of self-driving technology partners through its collaboration with Avride.
Uber Technologies Inc. UBER stock has been on quite a ride, climbing 24.94% year-to-date and 62.31% over the past year. But while the company's robot-filled future is making headlines, the technicals tell a different story.
Uber has launched a partnership with delivery robot/autonomous vehicle maker Avirde. The collaboration will launch in the coming weeks in Austin, letting Uber Eats customers get their food delivered by Avride's sidewalk robots, per a Thursday (Oct. 3) press release.
Artificial intelligence (AI) giant OpenAI has raised $6.6 billion in new funding at a $157 billion valuation—more than the market caps of companies like Uber Technologies (UBER) and Lowe's (LOW).
Uber Technologies said on Thursday it was partnering with autonomous technology startup Avride for food deliveries and robotaxi services, as the ride-hail major rapidly extends its network of self-driving technology partners.
Uber is not done snatching up autonomous vehicle partnerships.
A self-driving Tesla carrying a passenger for Uber rammed into an SUV at an intersection in suburban Las Vegas in April, an accident that sparked new concerns that a growing stable of self-styled "robotaxis" is exploiting a regulatory gray area in U.S. cities, putting lives at risk.
A couple who suffered serious injuries in a crash while in an Uber have been told they cannot sue the firm - because they previously agreed to terms for Uber Eats.
U.S. artificial intelligence company OpenAI announced that it has raised $6.6 billion in its latest funding round, bringing its valuation to $157 billion. This valuation surpasses leading investment bank Goldman Sachs and global ride-hailing giant Uber, whose current market values are $155.4 billion and $154.3 billion, respectively.
Waymo has gotten one step closer to a commercial launch in Austin by early 2025. This week, the company will open its fully autonomous ride-hailing service to certain members of the public in the city as part of an ongoing partnership with Uber.