The New York Entrepreneur

: Uber partners with Waymo in self-driving push

Read Time:39 Second

Uber Technologies Inc. UBER and Alphabet Inc.’s GOOGGOOGL Waymo will partner to make Waymo’s autonomous-driving technology available on the Uber platform, the companies said Tuesday. The companies will launch their integration later this year with a number of Waymo vehicles in Phoenix. The partnership will impact both the ride-hailing business and the local-delivery business. “Uber has long been a leader in human-operated ridesharing, and the pairing of our pioneering technology and all-electric fleet with their customer network provides Waymo with an opportunity to reach even more people,” Waymo Co-Chief Executive Tekedra Mawakana said in a release.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post : Tesla stock in danger of first drop in 6 days, as it pulls back from 7-week high
Next post : These stock pickers led the health-fund category over the past 5 years. Here’s where they’re investing now.