May Mobility is deploying autonomous vehicles differently than its peers. Rather than operate robotaxis for individual ride-hail, May has followed a “gentle on-ramp” approach to commercialization by offering on-demand shuttles and pooled rides within campuses and along uncomplicated routes. The startup announced Wednesday the launch of its first fully driverless commercial service in Peachtree Corners,… Continue reading May Mobility launches its first driverless commercial ride-hail service
Tag: Lyft
Lyft shares sink nearly 8% on underwhelming fourth-quarter results
Cheng Xin | Getty Images Lyft shares shed about 7.9% after the ride-sharing app reported lackluster fourth-quarter results and offered weak bookings guidance as it lowers prices to keep up with competition. The company reported revenue of $1.55 billion, versus the $1.56 billion expected by analysts polled by LSEG. Revenue grew 27% from $1.22 billion… Continue reading Lyft shares sink nearly 8% on underwhelming fourth-quarter results
Trending tickers: Tesla, GameStop, Palantir, Super Micro Computer and Entain
Tesla (TSLA) shares fell nearly 1% in pre-market trading, adding to a 3% drop the previous session, as growing concerns over CEO Elon Musk’s political affiliations and public image weigh on the company’s prospects. Investors are increasingly worried that Musk’s actions could deter potential customers, threatening to harm Tesla’s (TSLA) sales. The electric vehicle maker… Continue reading Trending tickers: Tesla, GameStop, Palantir, Super Micro Computer and Entain
Car Sharing Market to Grow by USD 22.4 Billion from 2025-2029, Driven by Emission Control Regulations, Report on AI Redefining Market Landscape – Technavio
NEW YORK, Feb. 11, 2025 /PRNewswire/ — Report with market evolution powered by AI – The car sharing market and it is set to grow by USD 22.4 billion from 2025 to 2029. However, the growth momentum will progressing at a CAGR of 22.1% during the forecast period, according to Technavio. The car sharing market… Continue reading Car Sharing Market to Grow by USD 22.4 Billion from 2025-2029, Driven by Emission Control Regulations, Report on AI Redefining Market Landscape – Technavio
Lyft eyes robotaxi launch in 2026
Lyft is working with Mobileye and Japanese conglomerate Marubeni to manage the fleet. Lyft is working with Mobileye and Japanese conglomerate Marubeni to manage the fleet. Andrew J. Hawkins is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and… Continue reading Lyft eyes robotaxi launch in 2026
Lyft to launch Mobileye-powered robotaxis ‘as soon as 2026,’ starting with Dallas
Ride-hail giant Lyft plans to bring fully autonomous robotaxis, powered by Mobileye, to its app “as soon as 2026” in Dallas, with more markets to follow, TechCrunch has exclusively learned. The news comes a day before Lyft reports its fourth-quarter financial results, coinciding with Waymo’s preparations to launch a commercial robotaxi service with Uber in… Continue reading Lyft to launch Mobileye-powered robotaxis ‘as soon as 2026,’ starting with Dallas
Sharing Economy Market to Grow by USD 1.12 Trillion from 2025-2029, Driven by Online Ride-Hailing Growth, AI’s Role in Market Transformation – Technavio
NEW YORK, Feb. 10, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global sharing economy market size is estimated to grow by USD 1.12 trillion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 32.3% during the forecast period. Rising use of online ride-hailing services is driving… Continue reading Sharing Economy Market to Grow by USD 1.12 Trillion from 2025-2029, Driven by Online Ride-Hailing Growth, AI’s Role in Market Transformation – Technavio
Mobility-As-A-Service Market to Grow by USD 270.8 Million (2025-2029), Rising Use of Smart Connected Devices Boosts Market, Report on How AI Is Driving Market Transformation – Technavio
NEW YORK, Feb. 7, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global mobility-as-a-service market size is estimated to grow by USD 270.8 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 25.4% during the forecast period. Increase in use of smart connected devices is… Continue reading Mobility-As-A-Service Market to Grow by USD 270.8 Million (2025-2029), Rising Use of Smart Connected Devices Boosts Market, Report on How AI Is Driving Market Transformation – Technavio
Sharing Economy Market to Grow by USD 1.12 Trillion by 2029, Rising Online Ride-Hailing Services Boost Market, Report on How AI is Driving Transformation – Technavio
NEW YORK, Feb. 6, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global sharing economy market size is estimated to grow by USD 1.12 trillion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 32.3% during the forecast period. Rising use of online ride-hailing services is… Continue reading Sharing Economy Market to Grow by USD 1.12 Trillion by 2029, Rising Online Ride-Hailing Services Boost Market, Report on How AI is Driving Transformation – Technavio
Lyft’s new AI customer assistant is powered by Anthropic’s Claude
Ride-hail giant Lyft has partnered with AI startup Anthropic to build an AI assistant that handles initial intake for customer service inquiries for both riders and drivers. It’s the first phase of a broader collaboration between the two companies to use Anthropic’s services to research and test new Lyft products and build software internally. The… Continue reading Lyft’s new AI customer assistant is powered by Anthropic’s Claude