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Tag: Uber

featured Technology

AI tools costs now exceed employee salaries — Nvidia, Uber

Companies accelerating their adoption of Artificial Intelligence are discovering that the cost of AI tools and computing power can quickly exceed employee salaries, according to executives from Nvidia and Uber. As reported by The Economic Times on Friday, Bryan Catanzaro, Vice-President of Applied Deep Learning at Nvidia, told Axios that AI compute expenses have become […]

Tech

Uber unveils plan to turn drivers’ cars into AI data platforms

Uber is developing a long-term strategy that extends beyond ride-hailing, aiming to turn its drivers’ vehicles into mobile data-collection platforms for autonomous driving and artificial intelligence development. The company plans to equip cars operated by its human drivers with sensors capable of capturing real-world driving data, which could then be used by autonomous vehicle developers […]

Uber not sharing 'personal info of users' with Lagos govt
Tech

Uber launches in-app hotel booking feature for US users

Uber users in the United States will now be able to book hotels directly within the app, as the company expands beyond ride-hailing into a broader lifestyle platform. The new hotel booking feature was unveiled on Wednesday at Uber’s annual Go-Get event in New York City, where the company showcased several product updates. At launch, […]

Uber seeks funding for Robotaxi expansion operations
Business

Uber lets customers return purchases without leaving home

Uber unveiled a new feature on Friday that allows customers to return purchased items without stepping outside their homes. The returns option, available through the Uber Eats app, is part of the company’s broader push to make its platform more “sticky” by expanding beyond ride-hailing and food delivery into additional everyday services. There are some […]

Transportation

ICYMI: Bolt, Uber drivers in Lagos announce three-day shutdown

The Amalgamated Union of App-Based Transporters of Nigeria, Lagos State chapter, has declared a three-day strike beginning Sunday. The action is in protest against poor working conditions and unsustainable fares on ride-hailing platforms. The union’s Public Relations Officer, Mr Steven Iwindoye, announced the strike during a news conference in Lagos on Sunday. App-based drivers have […]

Tech

Uber to invest $100m in autonomous vehicle charging stations

Uber Technologies said on Wednesday it plans to invest more than $100 million to build autonomous vehicle charging hubs, highlighting the company’s latest effort to expand its self-driving operations. The initiative will involve installing DC fast-charging stations at autonomous depots used for daily fleet management, as well as at strategic pit stops across key cities. […]

Uber announces payment options for food delivery
Tech

Uber Eats unveils text, image AI shopping tool

Uber Eats is introducing artificial intelligence to make grocery shopping easier. The company revealed on Wednesday that its food delivery platform will roll out a new AI assistant, enabling users to build their shopping carts using text or images, including handwritten lists. Uber is rolling out the feature with dozens of major retailers, including Safeway, […]

Uber announces payment options for food delivery
Tech

Uber partners Pipe to provide small businesses with funding

Fintech company Pipe is partnering with Uber Eats to make it easier for small restaurants to access capital. The collaboration integrates Pipe’s technology into the Uber Eats Manager app, providing eligible restaurants with pre-approved funding offers based on their revenue and cash flow, according to CNBC. The rollout begins this week, giving thousands of United […]

Uber seeks funding for Robotaxi expansion operations
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Uber seeks funding for Robotaxi expansion operations

Uber Technologies Inc. is in discussions with private equity firms and banks to secure financing for the expansion of its robotaxi operations, CEO Dara Khosrowshahi revealed on Wednesday. The move signals the ride-hailing giant’s deepening commitment to autonomous vehicle technology amid increasing competition and scrutiny. Uber is currently working with Alphabet-owned Waymo and automakers such […]

Uber launches $20bn buyback as loyalty program gains traction
News

Uber launches $20bn buyback as loyalty program gains traction

Uber Technologies Inc. on Wednesday announced a massive $20 billion stock buyback program and issued a bullish forecast for third-quarter gross bookings, buoyed by the growing popularity of its paid loyalty program, Uber One. The ride-hailing and delivery giant said membership in its $9.99-per-month Uber One program surged 60% year-over-year in June to over 36 […]

Tech

Uber unveils women-only ride matching feature to boost safety

Uber on Wednesday announced a new feature aimed at enhancing safety on its platform by pairing women drivers with women riders. The feature, set to roll out as a pilot program in the United States next month, will allow women riders to select a preference for female drivers when booking or pre-booking rides. Women drivers […]

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