Silvio Napoli Takes Helm at Lucid as Company Secures $1B+ in Fresh Capital
Lucid names Silvio Napoli CEO, secures $1B+ funding, pushes EV growth but faces stock drop and supply issues.
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#UBER↓
Uber Ditches Oracle & Google to Use Amazon’s Custom AI Chips
Uber is increasing its use of AWS cloud services, expanding with Amazon’s Graviton processors and testing Trainium3 AI chips. A major shift from Oracle and Google Cloud.
Uber’s Strategic Stake in WeRide Powers World’s First Paid Driverless Taxis in Dubai
Uber reveals 5.82% ownership in WeRide as fully driverless robotaxis start paid operations in Dubai today.
Grab Acquires foodpanda Taiwan for $600 Million in First Expansion Beyond Southeast Asia
Grab expands into Taiwan with $600M cash deal to acquire Delivery Hero's foodpanda business, marking its first market outside Southeast Asia. Deal expected to close H2 2026.
Uber Bets $1.25 Billion on Rivian Robotaxis: 50,000 Self-Driving R2s by 2031
Uber commits up to $1.25B in Rivian to deploy 10,000+ autonomous R2 robotaxis starting 2028 in SF & Miami (first phase), expanding to 25 cities by 2031. Exclusive on Uber app.
Nvidia Supercharges Uber & Lyft: Robotaxis Hit LA and SF in 2027, Global Expansion by 2028
Uber and Lyft stocks rise after Nvidia announces expanded partnerships at GTC 2026, with Uber planning Level-4 robotaxis in Los Angeles and San Francisco in 2027, scaling to 28 global cities by 2028. Lyft boosts AI for rides and mapping.