Uber news and trends

Anthropic CEO Sees AI-Powered Advances Doubling Human Lifespans

January 23, 2025
DailyPay Appoints Former Uber CFO Nelson Chai to Executive Chair
Personnel // January 08, 2025

Earned wage access platform DailyPay has tapped Uber’s former CFO to lead its board of directors. In a Wednesday (Jan. 8) press release, DailyPay announced Nelson Chai will be providing strategic oversight to the company as executive chair. The release noted that Chai brings more...

Nvidia and AWS Work on Autonomous Vehicle Tech; How Long Before Consumers Trust It?
Artificial Intelligence // January 07, 2025

Autonomous vehicles (AVs) are emerging as a use case for artificial intelligence, with Nvidia announcing partnerships with carmakers to develop self-driving technology using its hardware and software platform. “The AV revolution has arrived after so many years, with Waymo’s success and Tesla’s success,” said Nvidia...

Serve Secures $86 Million to Continue Developing Sidewalk Delivery Robots
Investments // January 06, 2025

Autonomous delivery company Serve Robotics said Monday (Jan. 6) that it secured $86 million in new financing in December. The new capital brought the company’s total raised in 2024 to $167 million and extended its expected operational runway through the end of 2026, approximately, Serve Robotics...

Uber and Lyft Prep Driverless Taxis After Abandoning Effort
Ridesharing // January 06, 2025

After abandoning driverless taxis, Uber and Lyft are reportedly reinvesting in the technology. The two ride-hailing companies are working on plans to have driverless cars — provided by companies such as the Google-owned Waymo — on their apps this year, The Wall Street Journal (WSJ) reported Monday (Jan. 6). In the...

Interviews & Exclusives
Nvidia and AWS Work on Autonomous Vehicle Tech; How Long Before Consumers Trust It?

January 07, 2025
Autonomous vehicles (AVs) are emerging as a use case for artificial intelligence, with Nvidia announcing partnerships with carmakers to develop self-driving technology using its hardware and software platform. “The AV revolution has arrived after so many years, with Waymo’s success and Tesla’s success,” said Nvidia CEO Jensen Huang during a keynote speech at CES 2025 […]

nCino’s Weak Guidance Sends FinTech IPO Index 1.6% Lower

December 06, 2024
The broader tech-heavy NASDAQ was 1.1% higher through the last five sessions, while the Dow hit a record before backing off a bit. But the FinTech IPO Index saw the...

CE 100 Index Gains 1.7% as JPMorgan Leads Banks Higher

October 14, 2024
Earnings season is here — as always, led by the banks, and the banks led the CE 100 Index 1.7% higher through the past week. As a group, the banks...

Earnings Point to Different Routes for Lyft and Uber

May 08, 2024
Uber and Lyft bring to mind the oft-quoted Robert Frost poem. You know the one — about two roads that diverged. The rest of the poem is about the woods,...

Quick Reads
DailyPay Appoints Former Uber CFO Nelson Chai to Executive Chair

January 08, 2025
Earned wage access platform DailyPay has tapped Uber’s former CFO to lead its board of directors. In a Wednesday (Jan. 8) press release, DailyPay announced Nelson Chai will be providing strategic oversight to the company as executive chair. The release noted that Chai brings more than three decades of experience in finance and technology to […]

Serve Secures $86 Million to Continue Developing Sidewalk Delivery Robots

January 06, 2025
Autonomous delivery company Serve Robotics said Monday (Jan. 6) that it secured $86 million in new financing in December. The new capital brought the company’s total raised in 2024 to $167...

Uber and Lyft Prep Driverless Taxis After Abandoning Effort

January 06, 2025
After abandoning driverless taxis, Uber and Lyft are reportedly reinvesting in the technology. The two ride-hailing companies are working on plans to have driverless cars — provided by companies such as the Google-owned Waymo...

Uber Says NYC’s Proposed Requirements Would Leave Drivers Without Insurance

December 11, 2024
Uber reportedly told New York City’s taxi regulator that proposed changes to commercial auto insurance requirements may leave drivers unable to insure their vehicles. The company submitted written comments ahead...