Waymo and Uber End Their Phoenix Robotaxi Partnership
The robotaxis that have been a familiar sight on the streets of Phoenix will no longer carry the joint branding of their two creators. Waymo and Uber have terminated their…
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Menlo Ventures Closes a $2 Billion Fund After a Bet That Paid Off Many Times Over Menlo Ventures has closed a new $2 billion fund, its largest in years, according…
Japan’s Go Plots Robotaxi Push After Record IPO
Go’s chief executive had been hearing the same question since his company’s listing in Tokyo: what are you going to do with the money? This week he gave an answer.…
Go’s $580 Million Tokyo Listing Becomes Japan’s Largest IPO of the Year
The gong sounded on the Tokyo Stock Exchange and, for the first time in years, the traders on the floor had something to cheer. Go, Japan’s leading ride-hailing operator, completed…
Uber Expands in Houston, Where the Robotaxi War Has Three Armies
On any given evening in Houston, a rider hailing a car can now be picked up by a vehicle with no driver at the wheel, from two different companies, and…
History’s Biggest IPO Wave Carries a Familiar Warning
SpaceX’s record listing is done. Two more stand behind it in the queue, and the combined scale has no precedent. OpenAI is aiming at a $1 trillion valuation, and Anthropic…
Uber, Wayve and Waymo Square Off in London
Uber riders in Britain can now sign up for a waitlist to hail robotaxis made by Wayve, the London-born autonomous driving company, according to TechCrunch, and the opening of that…
SpaceX Draws $250 Billion in Orders Ahead of Record IPO
The order book kept swelling through the week, and by Tuesday it had passed $250 billion. SpaceX, the rocket and satellite company founded by Elon Musk, plans to raise about…
Uber’s Employees Spent the Year’s AI Budget in Four Months, and Finance Took Notice
SAN FRANCISCO — The spreadsheet landed on the chief financial officer’s desk with a number that did not look right. Uber’s internal data showed employees had used up the company’s…
Uber Burns Through Its AI Budget in Four Months
Uber Technologies set an artificial intelligence budget for 2026 that was supposed to last the year. It lasted four months. Andrew Macdonald, the company’s president, said publicly that Uber exhausted…
