Apple Reportedly Gives Up on Next-Gen Apple Vision Pro Headset

Apple’s desperately trying to cut costs for a cheaper model. Hindsight Is 20/20 Apple is reportedly giving up on the next generation of its uber-expensive Vision Pro headset. The unwieldy gadget went on sale for an eye-searing $3,499 earlier this year and was met with mixed reviews. By April, Bloomberg reported that consumers had largely stopped… Continue reading Apple Reportedly Gives Up on Next-Gen Apple Vision Pro Headset

Driver-Owned Ride-Hailing and Booking Platform Fare Co-op to Launch in North America on July 4th by Direct Global

Fare Co-op empowers gig workers and drivers by providing them with alternative employment opportunities, skill development, and a stake in the local mobility market. TORONTO, June 18, 2024 /PRNewswire/ — Based upon the transformative technological advancements, Direct Global is pleased to announce the launch of a visionary international cooperative with the foresight to adapt and… Continue reading Driver-Owned Ride-Hailing and Booking Platform Fare Co-op to Launch in North America on July 4th by Direct Global

Uber, Khosla, Nvidia invest in $200 million funding round for autonomous trucking startup Waabi

Raquel Urtasun, Founder and CEO of Waabi. Courtesy: Waabi Autonomous trucking startup Waabi announced Tuesday it has raised $200 million in an oversubscribed Series B funding round led by existing investors Uber and Khosla Ventures. Waabi’s latest funding round also includes Nvidia, a new investor in the company, as well as Porsche and the venture capital… Continue reading Uber, Khosla, Nvidia invest in $200 million funding round for autonomous trucking startup Waabi

Waabi Raises $200M USD in Series B Funding

Waabi, a Toronto, Canada-based company advancing generative AI for the physical world, raised $200m (USD) in Series B funding. The round was led by Uber and Khosla Ventures with participation from strategic investors NVIDIA, Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest and Ingka Investments, and additional financial investors HarbourVest Partners, G2 Venture… Continue reading Waabi Raises $200M USD in Series B Funding

Waabi’s genAI promises to do so much more than power self-driving trucks

For the last two decades, Raquel Urtasun, founder and CEO of autonomous trucking startup Waabi, has been developing AI systems that can reason as a human would.  The AI pioneer had previously served as the chief scientist at Uber ATG before launching Waabi in 2021. Waabi launched with an “AI-first approach” to speed up the… Continue reading Waabi’s genAI promises to do so much more than power self-driving trucks

Autonomous trucking startup Waabi raises $200m funding led by Uber, Khosla Ventures

Waabi has raised $200 million in a Series B funding round, led by existing investors Uber Technologies and Khosla Ventures, to support the rollout of its fully autonomous trucks next year, it said on Tuesday. The company is also backed by Nvidia and relies on its AI chips to power self-driving applications. It currently operates autonomous trucks with safety drivers on planned… Continue reading Autonomous trucking startup Waabi raises $200m funding led by Uber, Khosla Ventures

German FAZ: Punching and stabbing about the Taxi007126

The classic taxi industry has been under pressure for years. The yellow and beige radio taxis have only recovered slowly from the onset of the corona pandemic. At the same time, new rivals such as the US provider Uber have tried with all their might to gain a foothold in Germany. Now the market is… Continue reading German FAZ: Punching and stabbing about the Taxi007126

Super Micro Computer And Two More Stocks Estimated To Trade Below Fair Value

As global markets navigate through varying degrees of volatility, with technology stocks showing robust performance amid shifting economic indicators, investors are keenly watching for opportunities. In this context, identifying stocks that trade below their fair value can be particularly compelling, offering potential for appreciation in a market ripe with both challenges and opportunities. Top 10… Continue reading Super Micro Computer And Two More Stocks Estimated To Trade Below Fair Value

Zomato in talks to buy Paytm’s movies & ticketing biz to beef up its ‘going out’ segment

Zomato is in talks to buy Paytm’s movies and events business as the food delivery platform attempts to beef up its ‘going out’ business. No binding decision has been taken at this stage, Zomato said in a regulatory filing, adding that the discussion is being undertaken “with an intent to further strengthen our going-out business… Continue reading Zomato in talks to buy Paytm’s movies & ticketing biz to beef up its ‘going out’ segment

Omio and Uber Partnership: Revolutionizing Multi-Modal Travel Across Europe

Seamless integration: Omio and Uber redefine travel with a unified platform, offering door-to-door convenience. Beyond London: Explore the widespread adoption of multi-modal travel by Uber users across the UK, illustrating a nationwide demand beyond major city hubs. Driving Sustainability: Omio’s partnerships align with European market goals for sustainable transportation. BERLIN, June 13, 2024 /PRNewswire/ —… Continue reading Omio and Uber Partnership: Revolutionizing Multi-Modal Travel Across Europe