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Uber inks six-year robotaxi deal with Lucid, invests $300 million in EV company

Uber on Thursday announced a partnership to deploy more than 20,000 robotaxis over the next six years as demand for driverless cars kicks into high gear. As part of the partnership, the ride-hailing company is teaming up with Lucid , the electric vehicle maker, and Nuro, an autonomous vehicle startup. Under the agreement, Uber will invest $300 million in Lucid. Nuro will develop the self-driving technology that Lucid will use to supply Uber with robotaxis over the course of the deal and receive

Uber’s latest robotaxi partner is China’s Baidu

Uber has struck another deal with a robotaxi provider, and this time it’s with Chinese tech giant Baidu. The two companies announced Tuesday that they have agreed to a “multi-year strategic partnership to deploy thousands of Baidu’s Apollo Go autonomous vehicles (AVs) on the Uber platform” in multiple markets outside the U.S. and mainland China. Those deployments will start in Asia and the Middle East later this year, the companies said. Uber has been on a tear of AV partnerships lately as it

Fintech Bolt progresses its turnaround by landing Klarna as a partner

Klarna and Bolt announced a partnership Monday, which will see Klarna’s payment options integrated into Bolt’s checkout operating system. This deal means Klarna will show up as a buy now, pay later choice on Bolt devices. Merchants using Bolt can offer Klarna’s Pay in 4 or monthly financing options to shoppers in physical stores, and shoppers can choose that option with a single click. The integration is set to go live later this year, first in the U.S. and then in other markets around the worl

From Hello Barbie to ChatGPT: Mattel is bringing OpenAI's tech to children's toys

Not the Children: Life in plastic may be fantastic, but a touch of AI and chatbots can make even a child's toy better in today's market. Mattel seems convinced it can bring language models to a wider – and younger – audience, though its previous attempts with AI ended in an absolute privacy and security disaster. Mattel recently announced a new partnership with OpenAI, anticipating a major infusion of AI and chatbot services into its upcoming products. The world's second-largest toy maker (afte