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Barchart
Wajeeh Khan

Uber Stock Is in Focus Following New Robotaxi Plans. What to Know.

Uber Technologies (UBER) stock closed higher on June 1 following a joint announcement with an Israeli artificial intelligence (AI) startup Autobrains and Nvidia (NVDA), outlining a robotaxi rollout in Munich.

The initiative will integrate UBER’s ride-hailing platform with Autobrains’ autonomous driving capabilities and NVDA’s Drive Hyperion system, which is engineered for Level 4 autonomy.

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