Amazon Web Services CEO Adam Selipsky speaks with Anthropic CEO and co-founder Dario Amodei during AWS re:Invent 2023, a conference hosted by Amazon Web Services, at The Venetian Las Vegas in Las Vegas on Nov. 28, 2023. Noah Berger | Getty Images Almost three years into a largely dormant IPO cycle, venture capitalists are in […]
Wayve CEO and co-founder Alex Kendall. Wayve LONDON — Uber and British artificial intelligence startup Wayve announced a partnership Thursday that will see the two firms collaborate on autonomous driving technology. As part of the deal, Uber is also investing an undisclosed amount into Wayve for a minority stake, the companies said in a statement.
Uber takes stake in SoftBank-backed self-driving tech startup Wayve Read More »
Twenty years ago, as Morgan Stanley banker Michael Grimes was helping lead the public offering for the young company behind the Google search engine, one of the most anticipated of the decade, he was among the first people offered a new email service. He had his pick of any identifier he wanted, so he asked
Google IPO banker tracks two-decade journey from Silicon Valley upstart to $2 trillion Read More »
Uber on Tuesday reported second-quarter earnings results that topped Wall Street estimates. The stock rose about 4% in premarket trading. Here’s how the company did for the period ending June 30, compared with what Wall Street was expecting based on a survey of analysts by LSEG: Earnings per share: 47 cents vs. 31 cents expected Revenue:
Uber reports better-than-expected earnings and revenue for second quarter Read More »
A food delivery messenger is seen in Manhattan. Luiz C. Ribeiro | New York Daily News | Tribune News Service | Getty Images Food from the restaurant of your choosing, delivered right to your door — at what cost? Third-party food delivery is becoming the norm for American consumers, as delivery apps like Grubhub, DoorDash
Food delivery fees are rising, and everyone’s feeling the pinch Read More »
Artificial intelligence has been a big boon for San Francisco real estate. But not enough of one to make up for the broader struggle across the market. The vacancy rate for San Francisco office space reached a fresh record of 34.5% in the second quarter, according to a report Monday from commercial real estate firm
Chris Marchese (L), Director of NetChoice Litigation Center looks on as Matt Schruers (C), President and CEO of the Computer & Communications Industry Association (CCIA), speaks to reporters outside of the US Supreme Court in Washington, DC on February 26, 2024. Andrew Caballero-Reynolds | AFP | Getty Images The Supreme Court on Monday wiped existing
Supreme Court punts social media moderation cases back to lower courts Read More »
In the 13th arrondissement of the French capital Paris is an old rail freight station that has been converted into the world’s biggest startup campus. Known as Station F, the massive complex, which can house 1,000 startups and has corporate partners including U.S. tech giants like Meta and Google, underscores France’s push over the last
Inside Europe’s tech hubs: France’s AI push puts it on the rise Read More »
Kinetic cofounders: CEO Nikhil Naikal, CTO Sander Marques, COO Chris Weber Courtesy: Kinetic Automation While electric vehicle demand is still increasing in the U.S., the sales growth rate for cars that pollute less has cooled down in 2024 due partly to the high cost of insurance and repairs for tech-laden new models. A 2024 study
Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis Read More »
