Uber Rival Bolt Taps AI Robots For Food Delivery
Portfolio Pulse from Anusuya Lahiri
Uber rival Bolt Technology partners with Starship Technologies to use AI robots for food delivery starting in 2023. The deal will see thousands of robots handling Bolt Food orders across multiple countries.
June 21, 2023 | 12:25 pm
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NEUTRAL IMPACT
Microsoft mentioned as one of the US technology companies that have surged to record highs this year due to the AI wave.
Microsoft is mentioned in the context of the AI wave, which has led to record highs for US technology companies this year. However, the news about Bolt and Starship Technologies' partnership does not directly impact Microsoft's stock price or business operations.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 20
NEUTRAL IMPACT
Nvidia mentioned as one of the US technology companies that have surged to record highs this year due to the AI wave.
Nvidia is mentioned in the context of the AI wave, which has led to record highs for US technology companies this year. However, the news about Bolt and Starship Technologies' partnership does not directly impact Nvidia's stock price or business operations.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 20
NEGATIVE IMPACT
Uber rival Bolt Technology partners with Starship Technologies for AI robot food delivery, potentially increasing competition in the food delivery market.
Bolt's partnership with Starship Technologies to use AI robots for food delivery could increase competition in the food delivery market, potentially impacting Uber's market share. As Bolt expands its services with the help of AI robots, it may attract more customers, posing a threat to Uber's dominance in the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50