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  • Yahoo Finance Video

    Uber Freight, Aurora reveal driverless trucking partnership

    Piper Sandler analysts reiterated their Overweight rating on Uber (UBER), raising its price target by $2 per share. This call comes after Uber Freight announced a multi-year deal with self-driving developer Aurora Innovation (AUR). Catalysts Anchors Madison Mills and Seana Smith weigh in on Uber's price movement in the morning session after expanding its autonomous driving partnership with Aurora. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.

  • Reuters

    Uber beats lawsuit alleging race bias in driver ratings

    (Reuters) -A U.S. appeals court on Monday tossed out a proposed class action claiming Uber Technologies' policy of terminating drivers with low passenger ratings is racially discriminatory. The San Francisco-based 9th U.S. Circuit Court of Appeals said Thomas Liu, a driver who filed the 2020 lawsuit, had not provided any evidence showing that Uber kicked non-white drivers off its app at a higher rate than white drivers with low ratings. Liu's lawyers had argued that statistical evidence backing up their claims would only be available if the case were allowed to proceed to discovery, when plaintiffs can seek documents and testimony from defendants.

  • Yahoo Finance Video

    Waabi CEO talks using AI to train, scale autonomous trucks

    Self-driving trucking startup Waabi raised $200 million in series B funding from corporate investors like Uber (UBER), Nvidia (NVDA), Volvo, and Khosla Ventures. Waabi aims to leverage generative AI for practical uses of autonomous driving, especially for commercial-grade trucks. Waabi Founder and CEO Raquel Urtasun sits down with Yahoo Finance to explain how the company is in the process of training autonomous vehicles through AI models and simulations, commenting on the progress of autonomous driving over last several decades. "So Waabi has created a new generation of foundational models that are able to understand and interpret what they see, be able to create abstractions that are interpretable so that you can validate and verify the system," Urtasun tells Julie Hyman on Asking for a Trend, "and then uses those abstractions to reason something that for the first time foundational models could not do before, and this gives the system, the ability to really generalize to the unknown, which is fundamental when you bring you want to bring this type of technology to the physical world." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Luke Carberry Mogan. Catch up on Yahoo Finance's latest reporting on autonomous and full-self driving developments: Investors are buying into AI and Musk any way they can: Morning Brief What ridesharers can unlock in autonomous vehicle partnerships Tesla's robotaxi unveiling won't just be about the technology: 'We're starting a new book' Alphabet's Waymo faces probe from US regulators Tesla is in 'incredibly enviable' position for real-world AI Safety is 'core of everything' for Waymo's robotaxi service Cities are 'the biggest hurdle' for Tesla's robotaxi: Analyst