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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.

(Bloomberg) -- Uber Technologies Inc. will offer a new ride-sharing service for the FIFA World Cup tournament, shuttling fans home for less than $50 each. Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceUS, Iran Agree to 60-Day Truce Renewal Pending Trump SignoffSpaceX Said to Cut IPO Valuation Goal to at Least $1.8 TrillionThose attending game

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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.

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...

(Bloomberg) -- Uber Technologies Inc. proposed buying Delivery Hero SE for €33 ($38) a share as it seeks to better compete with DoorDash Inc. outside the US. Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentUAE Joins Saudis, Qatar in Urging Trump Not to Restart WarTrump to Force Foreigners Seeking Green Cards to Go Home FirstAttack on UAE Nuclear Plant From Iraq ‘Warning Shot’ by IranMessi Joins Ronaldo in Billionaire Football Ranks After US DealsA statement from

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.

(Bloomberg) -- Uber Technologies Inc. has increased its stake in German food delivery company Delivery Hero SE, underscoring its ambitions to counter competition from DoorDash Inc. outside the US.Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and Xi

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Baidu (NASDAQ:BIDU) reported a return to revenue growth in its first quarter of 2026, with management emphasizing that artificial intelligence has become the company’s primary growth engine and now accounts for a majority of its general business revenue. Co-founder and Chief Executive Robin Li said

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Uber’s first quarter was marked by strong operational execution, with a 14.5% increase in sales and significant improvements in both profitability and user engagement. Management credited robust growth in both Mobility and Delivery segments, expanded product offerings, and disciplined cost management for the positive market reaction. CEO Dara Khosrowshahi highlighted the impact of new services such as Uber Reserve and cross-platform integration, stating these initiatives are “designed to deepen

(Bloomberg) -- Signs that Delivery Hero SE may be preparing to sell more assets have powered the beaten-down stock to the best week since its 2017 listing. Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Nigerian Tycoon Femi Otedola Buys £53 Million London MansionTrump Says China Offered Help on Iran as Ship Taken Near UAEShares in th

May 15 (Reuters) - The U.S. Justice Department is close ​to dropping criminal fraud charges against Gautam Adani, an Indian billionaire, two sources ‌familiar with the matter told Reuters.

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Payments provider dLocal on Thursday reported a 10% dip in ‌its first-quarter net profit missing ‌analyst estimates as a one-off tax charge and ​higher expenses offset a surge in payment volumes. Net profit for the period hit $41.9 million, falling short of the $48.9 million ‌expected by ⁠analysts. Total payment volume (TPV) surged 73% to $14.1 billion, up from $8.1 billion ‌a year earlier.

Fifty million is a number worth pausing on. That's how many people now pay for Uber One, the company's subscription program, and it says a lot about where Uber Technologies is headed. CEO Dara Khosrowshahi called it a "unique advantage" over competitors during the company's first-quarter 2026 ...