Get Ready For Driverless Rides In Phoenix As Uber Collaborates With Waymo
Portfolio Pulse from Benzinga Neuro
Uber Technologies Inc. (NYSE:UBER) has partnered with Alphabet Inc.'s Waymo (NASDAQ:GOOGL) (NASDAQ:GOOG) to offer driverless rides in Phoenix. Customers within Waymo's service area can choose between a conventional Uber car and a driverless Waymo vehicle. This partnership marks a significant shift in Uber's approach to autonomous riding, following the sale of its self-driving technology arm in 2020.
October 27, 2023 | 2:49 am
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POSITIVE IMPACT
Alphabet's Waymo division's partnership with Uber to offer driverless rides in Phoenix could increase the usage of Waymo's autonomous vehicles, potentially boosting Alphabet's revenues.
The partnership with Uber allows Waymo to offer its autonomous vehicles to a larger customer base, which could potentially increase the usage of Waymo's autonomous vehicles and boost Alphabet's revenues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Alphabet's Waymo division's partnership with Uber to offer driverless rides in Phoenix could increase the usage of Waymo's autonomous vehicles, potentially boosting Waymo's revenues.
The partnership with Uber allows Waymo to offer its autonomous vehicles to a larger customer base, which could potentially increase the usage of Waymo's autonomous vehicles and boost Waymo's revenues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Uber's partnership with Waymo to offer driverless rides in Phoenix could potentially reduce labor costs and make rides cheaper and more accessible, which could boost Uber's revenues.
The partnership with Waymo allows Uber to offer driverless rides, which could potentially reduce labor costs and make rides cheaper and more accessible. This could attract more customers and boost Uber's revenues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100