Page 24 - Uber Elevate News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Even with so much decline in the airline industry, the global eVTOL market projects an immense increase in five years. Read to know more.

Uber Spins Off Robotic Delivery Unit, Takes Stake in New Startup By Lizette Chapman | March 9, 2021 Uber Technologies Inc. is spinning out Postmates’ delivery robot operation into a separate startup, marking another chapter in the ride-hailing giant’s attempts to narrow its focus and become profitable. Uber will co-lead what’s likely to be a $50 million investment in the new delivery startup, Serve Robotics, which will bring food, groceries and other items to Uber customers without human intervention. Uber will be a minority shareholder in Serve Robot...

Uber spins off robotic delivery unit, takes stake in new startup By Lizette Chapman Bloomberg,Updated March 2, 2021, 12:31 p.m. Email to a Friend A screen displays "On Delivery" on top of a Postmates Serve autonomous delivery robot during a product demonstration in West Hollywood, California.David Swanson/Bloomberg Uber Technologies is spinning out Postmates’ delivery robot operation into a separate startup, marking another chapter in the ride-hailing giant’s attempts to narrow its focus and become profitable. Uber will co-lead what's likely to be a $50 million investment in the new...

Postmates X, the robotics division of the on-demand delivery startup that Uber acquired last year for $2.65 billion, has officially spun out as an independent company called Serve Robotics. TechCrunch reported in January that a deal was being shopped to investors. Serve Robotics, a name taken from the autonomous sidewalk delivery bot that was developed and […]

LinkedIn's Co-Founder Is Going in on Flying Taxis, Which Are Definitely Realistic This Time Screenshot: Joby Aviation (Fair Use) Time and time again, tech companies have promised a future where commuters will be able to zip around in the flying cars from The Jetsons. And time and time again, that just hasn’t happened. Advertisement That’s because the practical engineering challenges are immense—building small, electrically powered vertical take-off and landing, or VTOL, aircraft would require a massive leap in technology over helicopters. It’s also because many of the business models...