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Walmart is using its driver network to go toe-to-toe with food-delivery companies such as Uber Technologies and DoorDash.

Uber has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters, detailing the ‌extent of a major investment by the ride-hailing company in developing commercial robotaxis. Uber has ​been positioning itself as a platform for the nascent industry and has partnered with many autonomous vehicle companies, including Chinese tech giant Baidu, U.S. electric vehicle maker Rivian, and British startup Wayve. One of Uber's commitments is a three-way partnership with Nuro and electric vehicle company Lucid to roll ‌out 35,000 robotaxis using Lucid's Gravity ⁠SUVs and upcoming midsize vehicles, Nuro's technology and Uber's platform.

The cuts, led by new president Jill Hazelbaker, affect recruitment and HR staff but represent less than 1% of Uber's 34,000 employees

Business owners increasingly explore tax strategy as expanded rules fuel broader adoption.

Serve Robotics, operator of a fleet of urban delivery robots, is expanding beyond food delivery to laundry delivery.

40% of nearly 1,000 major companies surveyed by Bain & Company found cost reductions from AI use of just 10% or less.

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The announcement, which comes at the beginning of Nvidia’s GTC conference in Taipei, marks the latest move from Uber to roll out self-driving vehicles in Europe.

Uber and Israel-based Autobrains said on Monday ‌they plan to launch ‌a robotaxi programme in Munich in collaboration with ​U.S. chipmaker Nvidia, marking a push to scale autonomous ride-hailing in Europe. The companies said they aim to ‌combine Uber's ⁠mobility network with Autobrains' "agentic AI" driving system, running on ⁠Nvidia's Drive Hyperion platform, with Munich set to serve as the ​first deployment ​city, pending ​regulatory approval. They said ‌the programme is designed to move robotaxi services beyond isolated pilots by creating an "OEM-agnostic" model that can operate across multiple vehicle platforms and ‌urban markets.

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Earlier Thursday, delivery platform DoorDash announced a partnership with Dollar Tree to offer on-demand delivery from the retailer’s U.S. stores. Dollar Tree stock spiked 17%. Shares had tumbled 22% in 2026—the company’s first calendar year since selling Family Dollar at an enormous loss last summer.

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The U.S. company now holds 36.83% of Delivery Hero’s voting rights, up from 25.1% previously, according to a regulatory disclosure on Wednesday.

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Ninety-five percent of Uber's engineers use AI tools every month. Seventy percent of committed code is now AI-generated. By almost any adoption metric, the rollout has been a success. So why is the COO saying the costs are getting harder to justify? Uber (UBER) COO Andrew Macdonald made a candid ...

Investing.com -- Food delivery giant Uber Technologies is pursuing a takeover of Delivery Hero in a deal that could reshape the global delivery industry, analysts said.

Find insight on MISC, HD Hyundai Heavy Industries, SATS and more in the latest Market Talks covering Auto and Transport.

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Uber has emerged as the biggest shareholder in Delivery Hero after making sizable stake purchases in recent weeks.

Uber has emerged as the biggest shareholder in Delivery Hero after making sizable stake purchases in recent weeks.

Delivery Hero said on Saturday that Uber had offered to buy it in a deal that would value the company at over €10bn, after the FT reported that...

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Uber and DoorDash have held exploratory talks with investors in Delivery Hero ahead of a possible takeover bid, setting up a battle for the German...

Uber and DoorDash have held exploratory talks with investors in Delivery Hero ahead of a possible takeover bid, setting up a battle for the German...

May 21 - Ride-hailing firm Uber saigned an agreement with Indian steel-to-cement conglomerate JSW Group on Thursday to develop and deploy electric vehicles for the domestic market. 

SpaceX already defies the law of gravity. The rocket maker is looking to raise as much as $80 billion or more in its initial public offering, making it the biggest ever in terms of funds raised. If its market value at offering reaches $1.71 trillion, that would top the previous record for valuation of a newly public company, set in 2019 by the Saudi Arabian Oil Co., known as Aramco.

The latest deal makes Uber the largest shareholder in the Berlin-based food-delivery company.

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NVDA stock recently hit record highs, but its upcoming earnings report could be the next major catalyst.