Uber Shares Jump 10% on Strong Bookings Outlook Despite $1.5 Billion Profit Hit
Uber shares rose after stronger-than-expected bookings guidance offset a $1.5 billion hit to net income from equity revaluations in Q1.
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Uber Raises Stake in Delivery Hero With $318 Million Deal
Uber increased its stake in Delivery Hero through a $318 million share purchase, strengthening its position in the competitive food delivery market.
Nvidia and Uber Plan Robotaxi Rollout Across 28 Cities by 2028
By
Emma Clarke
Nvidia and Uber announced plans to launch Level 4 autonomous robotaxis in 28 cities by 2028. The partnership aims to scale AI-powered self-driving fleets across major urban markets.
Uber Launches First Driverless Robotaxi Service in the Middle East
Uber launches fully driverless robotaxi rides in Abu Dhabi with partner WeRide, marking the Middle East’s first autonomous ride-hailing service.