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Uber and Lyft pressured
Uber and Lyft shares tumble amid Waymo's expansion plans
Shares of ride-hailing giants Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) fell sharply in today's trading session, with Uber down 3.3% and Lyft dropping 4.6%. The decline in stock value is attributed to a recent announcement by autonomous vehicle company Waymo,
Uber and Lyft pressured as Waymo to test robotaxis in Las Vegas, San Diego - report
Shares of Uber and Lyft have come under pressure as Alphabet's Waymo expands autonomous vehicle testing to 10 new cities, including Las Vegas and San Diego.
Waymo Heading To Las Vegas, San Diego? Uber, Lyft Fall On Report.
Shares of Uber and Lyft fell Wednesday amid a report Alphabet's Waymo plans to expand autonomous vehicle operations to 10 more cities in 2025.
Waymo expands self-driving tests to 10 new cities
Waymo employees can hail fully autonomous rides in Atlanta now
Waymo said it is launching fully driverless robotaxi rides for employees in Atlanta, an important step before the company opens the service up to members
Alphabet's Waymo to test its autonomous driving technology in over 10 new cities
After testing the Waymo Driver in multiple cities, the company says the tech is adapting successfully to new environments, leading to the expansion.
Waymo to test its driverless system in ten new cities in 2025
Waymo is planning on bringing vehicles to ten new cities in 2025, according to a report by The Verge. This new testing phase starts in Las Vegas and San Diego. These won’t be pure robotaxis, as they’ll have a manual operator.
10h
Tesla announces robotaxi ride-hailing service just weeks before Waymo launches with Uber
Soon, when Austinites pull up to a light between a Waymo and Tesla they might be the only person in a car. That's because ...
The Robot Report
6h
Waymo gives its first rides in Atlanta with employee-only service
Waymo announced its first new deployment of 2025. It already has plans to launch another service in Miami later this year.
7h
Lyft's Valuation Discount To Uber Is Excessive
Lyft's Q4 earnings report is crucial. With an expected EPS of $0.22 and revenue of $1.54B, pointing toward an end to its cash ...
4h
Fully driverless in Atlanta.
Waymo just flipped the switch from supervised to unsupervised in Atlanta, where it aims to eventually launch a commercial robotaxi service later this year through an exclusive partnership with Uber.
1d
on MSN
Waymo is getting ready to tackle Los Angeles’ freeways. How have the robotaxis fared so far?
The self-driving taxi company Waymo launched in Los Angeles in November, bringing roughly 100 autonomous vehicles to ...
7d
on MSN
Uber's CEO asks how smart AI must be to earn forgiveness for its mistakes
Society accepts that humans make mistakes, but it will also need to decide an acceptable level of error from AI too, says ...
1d
on MSN
Uber-backed mobility fintech Moove acquires Brazil’s Kovi, takes ARR to $275M
Moove, which offers vehicle financing to gig drivers across six continents, has acquired Kovi, a Brazilian urban mobility ...
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