Rivian will provide 50,000 robotaxis to Uber
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Uber's Women Preferences feature lets female riders request female drivers nationwide for added safety and comfort during their rides, the company says.
Raffi Krikorian wrote in The Atlantic that his Tesla Model X was "totalled" after it crashed into a wall while in Full Self-Driving mode last year.
Uber Technologies said it would buy vehicles made by Rivian to be used as self-driving taxis and invest at least $300 million in the company, as it moves to strengthen its foothold in the nascent market for driverless ride sharing.
Shares of Rivian Automotive (RIVN +3.80%) jumped about 10% in premarket trading on Thursday following news of a massive cash injection from ride-hailing giant Uber Technologies (U
Deutsche analysts say Uber will be a big winner in the coming driverless car boom. The bank's price target for the stock suggests nearly 40% upside.
Uber is making a major bet on the future of autonomous mobility, announcing plans to invest up to $1.25 billion in Rivian as part of a new partnership aimed at launching a large-scale robotaxi fleet.
While Nancy Guthrie remains missing, more details are surfacing during the intense investigation, including the Uber ride the 84-year-old took the night before she disappeared, RadarOnline. com can reveal.
Uber has been ramping up its use of AI coding tools, and the company's CTO says in some cases code is "written entirely by AI agents."