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The AI Restraint Comes to Uber From an Unexpected Direction
24/7 Wall St.75d agoneutral
The AI Restraint Comes to Uber From an Unexpected Direction

AI is being pushed across many parts of corporate America and beyond, perhaps more aggressively in some places than others. Indeed, there’s a lot of hype building in the AI trade as investors await more signs of a monetization boom of sorts after a historic year for CapEx spend. While time will tell if all ... The AI Restraint Comes to Uber From an Unexpected Direction

Bloomberg75d agoneutral
Walmart Caps Usage of an AI Tool for Employees After High Demand

(Bloomberg) -- Walmart Inc. is limiting staff’s usage of an artificial-intelligence tool following high demand, illustrating how corporations are adjusting their calculations for incorporating the technology.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectStrait of Hormuz Ship Transits Are Rising Thanks to US HelpPro-Trump Outsider Wi

Uber and Autobrains target Munich for robotaxi rollout
Reuters76d agoneutral
Uber and Autobrains target Munich for robotaxi rollout

Uber and Israel-based Autobrains said on Monday ‌they plan to launch ‌a robotaxi programme in Munich in collaboration with ​U.S. chipmaker Nvidia, marking a push to scale autonomous ride-hailing in Europe. The companies said they aim to ‌combine Uber's ⁠mobility network with Autobrains' "agentic AI" driving system, running on ⁠Nvidia's Drive Hyperion platform, with Munich set to serve as the ​first deployment ​city, pending ​regulatory approval. They said ‌the programme is designed to move robotaxi services beyond isolated pilots by creating an "OEM-agnostic" model that can operate across multiple vehicle platforms and ‌urban markets.

Uber’s Bigger Delivery Hero Stake Raises Questions On Growth And Valuation
Simply Wall St.77d agoneutral
Uber’s Bigger Delivery Hero Stake Raises Questions On Growth And Valuation

Uber Technologies (NYSE:UBER) has lifted its ownership stake in Delivery Hero to nearly 37% by acquiring shares from a major investor. The transaction removes an activist investor from Delivery Hero’s shareholder base and comes alongside active discussions about a potential full acquisition. These moves indicate Uber is now engaged in direct dealmaking that could significantly affect its international delivery presence and competitive position. For you as an investor, this centers on Uber’s...

Uber’s CFO Just Said the Quiet Part Out Loud: AI’s Impact on Jobs Will Be Worse Than You Thought
24/7 Wall St.78d agoneutral
Uber’s CFO Just Said the Quiet Part Out Loud: AI’s Impact on Jobs Will Be Worse Than You Thought

Artificial intelligence has become the biggest technology story since the internet. Companies are pouring hundreds of billions of dollars into AI infrastructure, software, and services, all chasing the same goal: higher productivity and bigger profits. But one lingering question has hung over the entire AI boom. Will the technology actually replace workers, or simply make ... Uber’s CFO Just Said the Quiet Part Out Loud: AI’s Impact on Jobs Will Be Worse Than You Thought

Uber raises Delivery Hero stake, increasing takeover odds
Proactive78d agoneutral
Uber raises Delivery Hero stake, increasing takeover odds

Uber Technologies Inc (NYSE:UBER, XETRA:UT8)’s increased stake in Delivery Hero (XETRA:DHER, OTCQX:DLVHF) and reported takeover approach could materially raise the probability of a full acquisition, while also introducing potential capital allocation and execution trade-offs that may temper...

Bloomberg79d agoneutral
Uber Plans $49 Shuttle for New York-New Jersey World Cup Matches

(Bloomberg) -- Uber Technologies Inc. will offer a new ride-sharing service for the FIFA World Cup tournament, shuttling fans home for less than $50 each. Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceUS, Iran Agree to 60-Day Truce Renewal Pending Trump SignoffSpaceX Said to Cut IPO Valuation Goal to at Least $1.8 TrillionThose attending game

Jim Cramer Says He Thinks “DoorDash Is a Buy”
Insider Monkey79d agobullish
Jim Cramer Says He Thinks “DoorDash Is a Buy”

DoorDash, Inc. (NASDAQ:DASH) was among the stocks Jim Cramer discussed on Mad Money, highlighting several companies with market caps over a trillion dollars. Inquiring about the stock, a caller mentioned that they are down 30%. Cramer replied: Okay, I think DoorDash is a buy. There’s a real group of stocks now, Uber, DoorDash, Reddit, they […]

Uber Technologies (UBER) Explores Delivery Hero Takeover
Insider Monkey79d agoneutral
Uber Technologies (UBER) Explores Delivery Hero Takeover

Uber Technologies, Inc. (NYSE:UBER) is one of the 12 Strong Buy Stocks to Buy and Hold for the Next 5 Years. On May 22, 2026, Uber Technologies, Inc. (NYSE:UBER) was reportedly exploring options for a potential full takeover of Delivery Hero SE, Bloomberg’s Eyk Henning, Loni Prinsloo, Ruth David, and Dinesh Nair reported. The report […]

Why Gen Z is ditching internships for Uber, GoPuff this summer
TheStreet80d agoneutral
Why Gen Z is ditching internships for Uber, GoPuff this summer

Summer jobs used to be a rite of passage. Stock the shelves, wait the tables, file the paperwork, and figure out what work actually feels like before the student-loan bill comes due. For decades, the path was simple. A high schooler filled out an application at the mall, an undergrad chased an ...

Boston Seizes on California Billionaire Tax to Lure AI Talent
Bloomberg80d agoneutral
Boston Seizes on California Billionaire Tax to Lure AI Talent

(Bloomberg) -- The talent at some of America’s hottest artificial intelligence companies often passes through Boston-area universities before heading west to build billion-dollar businesses in Silicon Valley. Massachusetts business and political leaders say California’s proposed tax on billionaires is an opportunity to change that.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarTwo More Oil Supertanker