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  • 16 hours ago
Uber shares rose after announcing a Munich robotaxi partnership with Autobrains and Nvidia using Level 4 autonomous driving technology.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Uber Technologies' shares rose 1.42% in pre-market trading on Monday
00:07after the company announced a partnership with Autobrains and NVIDIA
00:11to launch a robo-taxi program in Munich, according to Benzinga.
00:15The program uses Autobrains' agentic AI technology
00:18and NVIDIA's Drive Hyperion Level 4 autonomous driving platform.
00:23Munich will serve as the first city for an OEM agnostic autonomous ride-hailing model
00:28designed to scale across multiple vehicle platforms and markets.
00:33Autobrains' technology runs on standard automotive sensors and compute systems
00:36to reduce deployment costs.
00:38Analysts maintain a buy rating for Uber with an average price target of $106.43.
00:45Shares were up 1.42% at $71.40 during pre-market trading on Monday,
00:51according to Benzinga ProData.
00:52For all things money, visit Benzinga.com.
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