Sources: Uber has committed nearly $500M to self-driving startup Nuro, providing a crucial runway as Nuro works to prove its technology at commercial scale
Sources: Uber has committed nearly $500M to self-driving startup Nuro, providing a crucial runway as Nuro works to prove its technology at commercial scale
Uber (UBER.N) has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters …
US SEC filing: Vanguard marks down Ola Consumer's valuation to ~$70.3M; Ola, which faces intense competition from Uber and Rapido, was valued at $7.3B in 2021
US-based asset management firm Vanguard has sharply marked down the valuation of ride-hailing company Ola Cosumer to approximately $70.3 million …
Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019
Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the company's expected range.
Uber reports Q1 revenue up 14% YoY to $13.2B vs. $13.3B est., gross bookings up 25% to $53.7B vs. $52.9B est., forecasts Q2 bookings above est.; UBER jumps 8.5%
Uber reports Q1 revenue up 14% YoY to $13.2B vs. $13.3B est., gross bookings up 25% to $53.7B vs. $52.9B est., forecasts Q2 bookings above est.; UBER jumps 8.5%
Ride-hailing company posts weaker than expected first-quarter revenues but issues optimistic outlook
Casa, which uses lidar scanners and AI to catalog homes and manage proactive maintenance alongside human workers, raised $27M, including a $20M Series A
Casa, a company founded by former Uber executives, says it uses artificial intelligence and a stable of handymen to take care of members' homes.
Sources and analyst estimates: Uber is on track to spend $7.5B+ on thousands of robotaxis and $2.5B+ on equity stakes in their makers over the next few years
Ride-hailing app races to make up lost ground with equity investments and vehicle order commitments — Uber has committed more than $10bn …
Uber plans to invest $1.25B in Rivian through 2031, contingent on meeting autonomy milestones, starting with $300M at signing, to deploy 50K Level 4 robotaxis
London-based Dwelly, which aims to roll up independent UK real estate agencies and modernize their operations using AI, raised £32M in equity and £37M in debt
A startup founded by former Uber and Gett executives that is aiming to roll up independent real estate agencies across …