Uber unveiled a Hyundai Ioniq 5 prototype equipped with numerous sensors to gather real-world driving data for its autonomous vehicle partners like Avride, Waymo, and WeRide. This marks Uber's first self-assembled vehicle since selling its autonomous division in 2020 and supports its AV Labs division's goal to collect diverse, high-quality data globally. Uber plans to deploy 500 of these sensor-equipped EVs worldwide in 2024, aiming to collect 2 million miles of data monthly to enhance self-driving software training. The data collected will be shared with partners to improve autonomous vehicle technology.
Uber is reducing its people team, including human resources and recruitment staff, by 23% to improve efficiency and operational effectiveness. The cuts are part of a restructuring led by new president Jill Hazelbaker, aiming to create a more connecte...
Uber's annual Lost & Found Index reveals thousands of items left in its robotaxis over the past year, reflecting the rapid growth of autonomous rides since the launch of its Waymo robotaxi service in 2025. Lost items range from phones and wallets to ...
Uber has imposed a $1,500 monthly cap on AI tool spending per employee after exhausting its entire annual AI budget within just four months. The company previously encouraged heavy AI use, even ranking employees competitively on usage, which led to h...
In the first half of 2026, smart beta strategies showed mixed results, with momentum and low-volatility funds lagging, while dividend growth funds struggled due to rising yields. However, funds emphasizing companies with strong free cash flow and hig...
WeRide, Uber, and AVOMO announced plans to launch Spain's first commercial Robotaxi pilot in Madrid later in 2026, marking their first joint entry into the European market. The service will be accessible via the Uber app and initially include trained...
