Business · 1h ago
Uber doubles down on former CEO's new AI mobility venture
Uber is investing in a new mobility startup led by its former CEO, signaling a bet on AI-driven transportation. The move comes as the company seeks to expand beyond ride-hailing into autonomous and electric vehicle services. Financial terms of the investment were not disclosed.
Meridian48 take
This is less about nostalgia and more about Uber hedging its bets on autonomous tech, but the former CEO's track record suggests a high-risk, high-reward play.
uberai-mobility