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Ride-hailing stalwart Uber is in focus this week, as robotaxi challenges from Waymo and others may cut into its future prospects. ... BofA has a Buy rating on Uber and $93 price target, suggesting ...
Waymo One's robotaxis could already be impacting the earnings of Uber and Lyft drivers. Some drivers are concerned about an expansion to airports. The battle between human and robot ride-hailing ...
It also announced in October that it provides more than 100,000 weekly rides in Los Angeles, San Francisco, and Phoenix — mostly through its own ride-hailing app. In addition to Waymo One, Uber ...
The cozy relationship between Uber and Waymo is a dramatic about-face from the legal bickering that culminated in the two sides agreeing to a $245 million settlement during a high-profile trial in 2018. The truce resolved a lawsuit alleging former Uber CEO Travis Kalanick conspired with former Google engineer Anthony Levandowski to steal Waymo ...
It may also slow Waymo encroachment into Uber’s market share. An analysis from Bernstein estimated that, as of May 2024, Waymo’s 50,000 weekly paid rides made up approximately 2% of ride ...
(Reuters) - Alphabet's self-driving unit, Waymo, said on Friday it had closed a $5.6 billion funding round led by the Google parent, as it looks to expand its autonomous ride-hailing service.
From a consumer perspective, my Waymo experience was about on par with taking an Uber. Waymo was generally cheaper, and equally reliable. It sometimes took what seemed like slower, back-street routes.
The road to autonomous driving is not for the faint of heart. Look behind to view the wreck of Uber’s self-driving car. In the ditch to the left is General Motors’ Cruise robo-taxi.