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As Tesla Inc TSLA gears up for its highly anticipated Robotaxi event on Oct. 10, the rideshare market is bracing for disruption. Tesla's event, expected to reveal a low-cost, fully autonomous vehicle (AV), has sparked concern among investors, particularly for companies like Uber Technologies Inc UBER and Lyft Inc LYFT.
Uber (UBER, Financial) is set to introduce an AI assistant powered by OpenAI technology to aid drivers in transitioning to electric vehicles (EVs). This initiative is part of Uber's commitment to reducing emissions and supports its extensive push toward an all-electric fleet by 2040, backed by an $800 million investment.
NEW YORK & ST. LOUIS--(BUSINESS WIRE)--Save A Lot, one of the largest discount grocery chains in the U.S., and Fabric, a leading provider of advanced fulfillment automation solutions, today announced a new partnership to provide innovative fulfillment solutions for on-demand grocery delivery with the opening of a Brooklyn-based micro fulfillment center. This collaboration combines Fabric's automation with Save A Lot's affordable grocery essentials to enhance convenience for value-conscious cons.
Uber Technologies will roll out an AI assistant powered by OpenAI's technology to help drivers transition to electric vehicles, as part of its efforts to lower emissions.
Uber is updating its platform with new sustainability-minded features, including an "EV preference" that will let customers opt for fully electric vehicles by default, whenever they hail a ride. On the delivery side of its platform, the company is adding farmers' market produce to Uber Eats offerings in two major U.S. markets: New York City and Los Angeles.
SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its third quarter 2024 financial results on Thursday, October 31st, at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber's Investor Relations website at investor.uber.com. A replay of the conference call will be accessible for at least 90 days. Disclosure Information Uber uses and intends.
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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.
UberĀ has launched a partnership with delivery robot/autonomous vehicle makerĀ 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.
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.