Uber Technologies, Inc. has been featured significantly due to collaborations for autonomous driving. They partnered with tech giant
Nvidia to accelerate
AI-driven autonomous driving technology, positioning Uber for potential growth in the autonomous vehicle industry. However, Uber's stock performance fluctuated with occasional underperforming in the market. Notwithstanding,
analysts forecast a 40% surge for Uber's stock till 2025. Additionally, Uber announced a
$1.5 Billion accelerated share repurchase program, and initiated partnerships widening their reach, such as the green fleet with Kia or the points partnership with Delta Air Lines. Amidst the developments, Uber and Lyft are competing in the evolving robotaxi space, strategizing to participate in the revolution. Furthermore, Uber's collaboration with Nvidia prompted debates on who might win the autonomous race against Tesla. Finally, Uber is taking steps to end driver lockouts in NYC, and launched autonomous mobility service in Abu Dhabi with WeRide.
Uber Technologies UBER News Analytics from Thu, 27 Jun 2024 07:00:00 GMT to Sat, 11 Jan 2025 18:00:18 GMT -
Rating 5
- Innovation 7
- Information 7
- Rumor 4
