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Ross Gerber said Waymo’s growing presence in San Francisco poses a serious threat to Uber, claiming the robotaxi service already controls about 10% of the market. He praised Tesla’s improved Full Self-Driving while Uber pointed to its new AI-focused Digital Tasks pilot and expanding autonomous work with WeRide. Uber shares rose over 2% to $87.54.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Investment firm Gerber Kawasaki's co-founder Ross Gerber said Waymo's expansion in San Francisco
00:07could challenge Uber. In a post on the social media platform Axon Friday, Gerber said Waymo
00:12has gained a 10% market share in San Francisco through its app, an argument that Uber is cooked.
00:17He said the autonomous service offers a better customer experience and praised recent improvements
00:22in Tesla's updated full self-driving system. Uber said it will offer high-paying artificial
00:26intelligent gigs through its digital task pilot and expanded its autonomous operations with
00:31WeRide in the UAE. Uber shares closed at $87.54 on Friday, up 2.19%.
00:38For all things money, visit Benzinga.com.
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