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 vehicle operators, with a goal to expand to fully driverless Robotaxis across urban areas. This initiative builds on their successful autonomous vehicle operations in the Middle East and aims to scale up with support from the Madrid Regional Government. The partnership plans to deploy tens of thousands of Robotaxis globally by 2030, enhancing autonomous mobility with proven technology and local collaboration.
SpaceX has reserved up to 5% of its IPO shares for purchase by select employees and associates through a direct share program managed by Morgan Stanley. The company aims to raise about $75 billion in its public offering, potentially marking one of th...
US stock futures rose following weekend US strikes in Iran targeting radar and command sites in response to aggressive Iranian actions, including the downing of a US drone. The S&P 500 ended May at a record high, supported by strong performances in t...
Uber, Autobrains, and NVIDIA announced plans to launch a robotaxi program in Munich using Autobrains’ AI and NVIDIA’s Level 4 autonomous driving platform, pending regulatory approval. This partnership aims to scale autonomous ride-hailing across mult...
SRx Health Solutions has initiated an investment in Uber Technologies as part of a strategic portfolio repositioning. The company reduced its long position in Compass, decreased short exposure to Bitcoin, and added selective hedges in international m...
