Facts
- HQ
- United States
- Sectors
- Ridesharing, Mobility, Delivery, Transportation
- Founded
- 2009
- Employees
- 31700
- Stage
- Public
Amazon-Owned Zoox Reveals Redesigned Robotaxi with 100-Vehicle/Week Production Capacity, Awaits Federal NHTSA Waiver to Start Paid Service
Amazon-owned Zoox unveiled a redesigned robotaxi capable of producing 100 vehicles per week, but its commercial launch in Austin and Miami is delayed pending federal approval. The robotaxi, designed without traditional controls, awaits a critical NHTSA waiver to begin charging riders.
Kirkland & Ellis Manages Over $1 Billion in Partner Capital Through In-House Private Equity Fund
Kirkland & Ellis has quietly developed an in-house investment fund managing over $1 billion of partner capital invested in private equity deals alongside clients for decades. This major operation operates through a digital platform allowing partners to manage their investments directly.
Waymo's Rapid Robotaxi Expansion Accelerates Autonomous Vehicle Adoption, Pressuring Uber and Lyft Drivers
Waymo's rapid expansion of its robotaxi service is accelerating the adoption of autonomous vehicles and putting competitive pressure on Uber and Lyft drivers.
Columbia Study Finds Uber's U.S. Take Rate Surged Above 50% Since 2019, Slashing Driver Earnings Amid Rising Insurance Costs
A Columbia Business School study reveals that Uber's U.S. take rate has exceeded 50% since 2019, drastically reducing driver pay, partly due to rising commercial insurance costs that Uber self-insures to accumulate cash reserves. Despite criticism and calls for transparency, Uber drivers remain active, with Uber and Lyft citing different take rates and measures such as minimum pay settlements and caps on fees.
AI Companies Plan IPOs to Raise Billions, Prompting Questions About Capital Flow and AI Bubble Risks
AI companies are preparing to launch IPOs to raise billions of dollars, raising questions about the sources and destinations of this capital amid concerns of an AI bubble.
SpaceX Acquires AI Coding Startup Anysphere for $60 Billion, Elevating Indian-Origin Co-Founder Aman Sanger's Net Worth to $5.5 Billion
SpaceX is acquiring AI startup Anysphere for $60 billion, boosting Indian-origin co-founder Aman Sanger's net worth to $5.5 billion. Anysphere's AI coding platform Cursor, with $4 billion in revenue and 50,000 organizational users, is among the fastest-growing AI companies.
How to Become an Uber Driver in USA 2026: Key Requirements, Documents, and Application Process Detailed
This 2026 guide explains the requirements and step-by-step process to become an Uber driver in the USA, highlighting necessary documents, vehicle standards, and local variations in rules. It also covers application timing, common delays, and costs to consider before final account activation.
Former Convoy CEO Dan Lewis Launches Stealth Startup Focused on AI Infrastructure and Supply Chain Intelligence
Dan Lewis, former CEO of Convoy, has launched a stealth startup aimed at developing AI infrastructure and enhancing supply chain intelligence.
Seattle Startup Devplan Raises $2.5M Seed to Launch Weaver, an AI Tool Automating Product Team Coordination
Devplan, a Seattle startup founded by industry veterans Chris Bee and Anton Safonov, raised $2.5 million in seed funding led by AI2 Incubator to launch Weaver, a software that automates coordination and status reporting for product and engineering teams. Weaver integrates with tools like GitHub and Slack to provide real-time project tracking and reduce meetings and manual updates.
SRx Health Solutions Acquires EMJ Crypto Technologies and Rebrands as SRX Global, Launching AI-Driven Investment Platform on June 18, 2026
SRx Health Solutions completed the acquisition of EMJ Crypto Technologies and rebranded as SRX Global, launching an AI-driven platform focusing on investments in high-conviction operating companies and assets while retaining its NYSE ticker SRXH. The new strategy combines AI-enabled capital deployment with expertise across digital and traditional assets to drive shareholder returns.
Fireworks AI Valued at $4 Billion as Lin Qiao Pushes Custom AI Agents to Cut Costs for Over 10,000 Clients
Fireworks AI, led by CEO Lin Qiao, helps developers build AI agents and workflows by providing infrastructure and promoting smaller, customized models to reduce token costs. The company serves over 10,000 clients including Uber and DoorDash, and has achieved a $4 billion valuation while processing over 15 trillion tokens daily.
Whatnot's Sellers Surpass One Billion Orders Amid $11.5 Billion Valuation and $225 Million Series F Raise
Whatnot, valued at $11.5 billion after a $225 million Series F raise in October, has experienced rapid growth, with its sellers surpassing one billion orders and a significant increase in new users and first-time buyers. The live commerce platform began with selling Funko Pops in 2020 and now hosts diverse sellers offering products from collectibles to fresh seafood.
Uber, Lucid, and Nuro to Launch Robotaxi Service in Houston by Mid-2027 with Major Infrastructure Investment
Uber, Lucid, and Nuro announced that Houston will be their second city for robotaxi service, launching in mid-2027 after a 2026 San Francisco Bay Area debut. Uber is heavily investing with a 50,000-square-foot depot, while Lucid and Nuro provide the vehicles and autonomous driving technology.
Founders Must Understand Liquidation Preferences in VC Term Sheets to Protect Exit Value
Many founders mistakenly focus only on valuation numbers in term sheets, overlooking critical clauses like liquidation preferences which can drastically affect their financial outcomes in exits. Understanding terms like 1x non-participating versus participating preferred stock is essential to avoid surrendering more value than intended.
GO Inc. Raises ¥88.6 Billion in Japan's Largest 2026 IPO, Shares Jump 21% on Tokyo Debut
GO Inc. raised ¥88.6 billion ($553 million) in Japan's largest IPO of 2026, debuting 21% above its offer price on the Tokyo Stock Exchange. The company's success stems from partnering with existing taxi operators under Japan's regulations, contrasting Uber's typical competitive approach.
Owkin and Google DeepMind Advance AI Co-Scientists to Accelerate Drug Discovery and Cut Analysis Time from Years to Months
AI-powered platforms like Owkin's 'AI Scientist' and Google DeepMind's 'Co-Scientist' are accelerating drug discovery by automating expert workflows and hypothesis generation, significantly reducing data analysis timelines. Startups and established companies alike are advancing AI co-scientists that integrate robotic labs, natural language querying, and AI-driven experimental design to improve efficiency and reduce costs.
Solar Foods raises €77.8M; €500M defence and dual-use EDM fund launched; warnings issued on Europe's silicon photonics
The article reports major European funding activity in 2025, highlighting Solar Foods securing €77.8M, the launch of a €500M defence and dual-use growth fund (EDM), and concerns raised about Europes silicon photonics sector amid broader transport-focused investments like electrification and autonomous systems.
NexDash Wins €2.5M from EIT Urban Mobility to Accelerate Electric Freight Expansion
The article reports that NexDash secured €2.5 million from EIT Urban Mobility to speed up electric freight expansion, and separately notes Enera raised $2 million led by Lakehouse Ventures for its AI driver experience platform for EV charging.
Microagi to Train Robotics Models on Google Cloud and NVIDIA Blackwell GPUs, CEO Warns Europe Faces Narrow Window for Embodied AI
Munich startup Microagi will use Google Cloud's AI stack and NVIDIA Blackwell GPUs to train robotics models at scale as CEO Bercan Kilic warns Europe has limited time to build sovereign embodied AI infrastructure.
Startup Founders Detail Worst VC Experiences in Viral X Thread Including Investors Sleeping Through $15M Pitches
A viral thread on X revealed startup founders sharing negative experiences with venture capitalists, including investors sleeping during pitches and disappearing after agreeing to fund deals. These stories highlight ongoing issues of power imbalance and lack of transparency in startup fundraising.
Uber Drivers Sue Over Ineffective Deactivation Appeals Process Under California Prop 22
Uber drivers like Devins Baker claim the company's appeals process for deactivations is ineffective, leaving them without meaningful recourse after sudden removals from the platform under California's Prop 22. Despite submitting evidence and appeals, drivers report permanent deactivations with little transparency or communication from Uber.
Congress Expands QSBS Tax Loophole, Enabling Wealthy Investors to Shield $140 Billion in Capital Gains
Since 2012, the QSBS tax provision has shielded $140 billion in capital gains for investors, and Congress expanded this benefit in July 2025 by increasing qualifying company size and exclusion caps. This change makes the tax break more accessible to mainstream business owners, significantly increasing its cost to taxpayers.
Code.org Founder Hadi Partovi Becomes CEO of Payam Music to Expand Innovative Piano School with Investor Backing
Hadi Partovi, founder of Code.org, is now CEO of Payam Music, a piano school using the Payam Method to teach via letters and numbers before traditional notation. Supported by high-profile investors, he plans to expand the school nationally.
Temporal, $5 Billion Bellevue Startup, Named Crystal Palace Front-of-Shirt Sponsor for 2026/27 EPL Season
Temporal, a Bellevue-based developer tools startup valued at $5 billion, will be the front-of-shirt sponsor for Crystal Palace Football Club starting in the 2026/27 English Premier League season. This sponsorship deal aligns with the Premier League's new ban on gambling company logos on shirts, opening opportunities for new sponsors like Temporal.
Uber Takes 19.5% Stake in Delivery Hero, Eyes $5.4 Billion Korean Delivery Giant Baemin Amid Asia Expansion
Uber has become the largest shareholder of Delivery Hero, owning 19.5% and gaining strategic influence, positioning itself to re-enter Asia’s market and possibly acquire Korea's Baemin, which is reportedly valued at $5.4 billion. Meanwhile, Malaysia has seen a rare tech IPO and a $240 million exit in the AI sector.
