How Uber’s Delivery Empire Could Outmaneuver Waymo and Tesla in the Autonomous Vehicle Wars

How Uber’s Delivery Empire Could Outmaneuver Waymo and Tesla in the Autonomous Vehicle Wars

While technology giants and automotive manufacturers race to deploy fleets of self-driving taxis, Uber Technologies has quietly positioned itself with a strategic advantage that competitors may have overlooked: a sprawling logistics network that extends far beyond passenger transportation. CEO Dara Khosrowshahi believes that Uber’s existing businesses in food delivery and freight could provide the company with a critical edge as autonomous vehic…

With 200 Million Monthly Users, Uber Readies for Autonomous Rides

The mobility landscape, as its name implies, is constantly moving. And as Uber executives stressed to investors on the company’s fourth-quarter earnings call on Wednesday (Feb. 4), the mobility landscape is increasingly starting to move on its own. On the heels of autonomous driving company Waymo’s $16 billion fundraise announced Monday (Feb. 2), which gave the Alphabet-owned startup a $126 billion post-money valuation, Uber devoted un…

Waymo, An Autonomous Ride-Hailing Service Co-Led By A Black Woman CEO, Raises $16B In Funding

Black-led Waymo has received a new round of funding. Waymo is the world’s first autonomous ride-hailing service and positions itself as the “world’s most experienced driver,” according to its website. The service uses highly detailed, custom maps, real-time sensor data, and AI to determine its exact position on the road at all times, rather than relying solely on GPS, the company states. Waymo, owned by Alphabet Inc., has served more than 20 mil…