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ROBOTAXI FIRM
Waymo explores ending Uber partnership: Financial TimesThe companies have increasingly clashed over operational and commercial issues, according to the report. Waymo has raised concerns about t...- Tesla earnings disappoint Wall Street as Elon Musk’s AI push, pivot beyond cars hurt profitsTesla's second quarter earnings missed profit estimates for the first time in over two years. The company reported negative free cash flow ...
- Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
- Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
- Global Market: Momenta Global debuts nearly flat in Hong Kong after $751 million IPOMomenta Global shares debuted on the Hong Kong Stock Exchange with a muted reception. The autonomous-driving software developer raised HK$5...
- Autonomous driving firm Autobrains eyes robotaxi growth in Europe, CEO saysAutobrains, which is based in Tel Aviv and has an office in Munich, is developing lower-cost autonomous driving technology built around so...
- China's Momenta kicks off Hong Kong IPO, targets up to $751 millionThe IPO comes as Chinese technology firms are returning to public markets, helped by investor demand for companies tied to AI, chips and au...
- Uber opens sign-ups for London robotaxis ahead of launch in monthsUber is launching its first robotaxi service in London. Users can now sign up for a chance to ride in these AI-driven vehicles. The service...
- Uber opens sign-ups for London 'robotaxis' ahead of launch 'in months'Londoners can now sign up for a chance to experience the city's first robotaxis. Uber is partnering with British start-up Wayve to offer ri...
- AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
- SpaceX's nearly $2 trillion IPO is heavily banking on this one entity and it's top on Elon Musk's priority listSpaceX would join a small group of companies valued at $2 trillion, most of which have steady revenue and strong profits.
- SpaceX IPO bets $2 trillion on Musk's ambitious rockets-to-AI visionInvestors are betting big on SpaceX's IPO, valuing it at nearly two trillion dollars. The company aims to fund its ambitious AI plans with ...
- Elon Musk expects widespread use in US of self-driving cars this yearElon Musk predicts a significant shift in transportation. He stated that self-driving cars without human oversight will become more common ...
- China suspends new autonomous vehicle permits after Baidu outage: ReportChina has pressed the brakes on new permits for self-driving vehicles, marking a pivotal shift in the landscape of autonomous transportatio...
- WeRide, Lenovo team up to scale 200,000 robotaxis by 2031Chinese tech firms WeRide and Lenovo are set to deploy 200,000 autonomous vehicles worldwide in the next five years. This ambitious collabo...
- Uber shows off its robotaxi heading for San FranciscoThe Uber robotaxis are taking shape through a collaboration with autonomous driving technology firm Nuro and electric vehicle maker Lucid u...
- Uber stock drops over 5% as Waymo’s partnership with Lyft fuels investor concernsUber stock faced a dip as Waymo partnered with Lyft for Nashville operations. Lyft's stock saw a surge post-announcement. Investors are con...
- Uber in talks with banks, private equity firms to fund robotaxi expansionThe company has been offering robotaxis from Alphabet-owned Waymo on its ride-hailing app in Austin and Atlanta. It also struck a $300 mill...
- China's Hellobike sets up new robotaxi firm with Ant Group, CATLThe three parties have invested over 3 billion yuan ($417.40 million) in total in the new firm as an initial investment, Hellobike said in ...
- Uber ties up with Avride for food deliveries, robotaxi ridesUber is partnering with Avride to expand its autonomous delivery and ride-hailing services. It has been rapidly forming alliances with vari...
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