Uber and Nuro begin testing premium robotaxi service in San Francisco https://t.co/mYrhLeKI13 ...

Great analysis by Cern.How many Tesla Cybercabs will it take in Austin to completely disrupt Uber’s business there?Just 800-1200When will Uber’s entire business model collapse? Read the article!Cern Basher (@CernBasher):https://t.co/6kE6Db7WTA ...

🚨 Uber vs Tesla: the risk most people miss@CernBasher says Uber’s edge is its driver network, but that matters less as autonomy scales!Tesla owns the cars, the AI (9B+ miles), and is building its own ride network with Cybercab.As self-driving grows, power shifts to those who control the full system.So who really wins in the long run? $TSLA $UBER ...

Millions of Uber, Lyft, DoorDash and Instacart drivers depend on their cars to earn a living. Gas prices have spiked after the US-Israeli war with Iran, and these drivers have no choice but to pay higher prices if they want to offer rides or make deliveries. https://t.co/3G5rzQwQUW ...

Group 1: OpenAI Financing and Growth - OpenAI announced a new financing round, raising $122 billion, with a post-money valuation of $852 billion [2] - OpenAI is the fastest technology platform to reach 10 million users and is expected to become the fastest to reach 1 billion weekly active users [2] - The company's revenue reached $1 billion within a year of launching ChatGPT, with current monthly revenue at $2 billion, growing at a rate four times faster than companies like Alphabet and Meta [2] Group 2: Huawei's Financial Performance - Huawei reported a global sales revenue of 880.9 billion yuan and a net profit of 68 billion yuan for 2025 [3] - The company plans to invest 192.3 billion yuan in R&D, representing 21.8% of its total revenue, with cumulative R&D spending exceeding 1.382 trillion yuan over the past decade [3] - Huawei's rotating chairman Meng Wanzhou emphasized the company's commitment to high-quality development and strategic focus [3] Group 3: NVIDIA and Marvell Partnership - NVIDIA and Marvell announced a strategic partnership to connect Marvell to NVIDIA's AI ecosystem through NVLinkFusion [4] - NVIDIA invested $2 billion in Marvell, which will provide customized XPU and vertically scalable networks compatible with NVLink Fusion [4] - The collaboration aims to transform global telecom networks into AI infrastructure, focusing on advanced optical interconnect solutions and silicon photonics technology [4] Group 4: Apple AI Feature Withdrawal - Apple briefly allowed the download of an AI feature in China, which was quickly retracted due to software issues, with the launch date pending regulatory approval [5] Group 5: WeRide and Uber's Robotaxi Launch - WeRide and Uber launched the first pure unmanned Robotaxi service in Dubai, supported by the Dubai Roads and Transport Authority [7] - Passengers can request rides through the Uber app's "Autonomous" category, with Tawasul managing the fleet operations [7] Group 6: Bilibili Algorithm Change - Bilibili announced the discontinuation of its "Recommended for You" algorithm, opting for a new recommendation system starting April 1 [8] Group 7: OPPO and realme Service Integration - OPPO will fully integrate realme into its after-sales service network starting April 1, 2026, maintaining existing customer rights [9] Group 8: Longxin Technology IPO Suspension - Longxin Technology's IPO on the Sci-Tech Innovation Board was suspended due to outdated financial data in its application [10] Group 9: Kioxia Production Halt - Kioxia announced a gradual phase-out of certain NAND products, with final customer order deadlines set for September 30, 2026, and final shipments by December 31, 2028 [10] Group 10: Tianyue Advanced Strategic Agreements - Tianyue Advanced signed strategic cooperation agreements with four partners to collaborate on the silicon carbide industry chain in various sectors [11] Group 11: Galaxy Aerospace IPO Initiation - Galaxy Aerospace has completed IPO counseling registration with the Beijing Securities Regulatory Bureau, aiming to provide satellite internet solutions [12][13] Group 12: Zhongke Aerospace IPO Acceptance - Zhongke Aerospace's IPO application has been accepted by the Shanghai Stock Exchange, with plans to raise 4.18 billion yuan for developing reusable launch vehicles [14]

Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai https://t.co/b09RYn1bq0 ...

Core Insights - Uber and WeRide have launched robotaxi operations in Dubai without a human safety operator, marking a significant step in their expansion in the Middle East [1][4] Group 1: Operations and Locations - Riders can book the robotaxis through Uber's app, with services available in commercial and industrial districts such as Dubai Silicon Oasis, Dubai Investment Park Second, and Jabal Ali Industrial First, as well as suburban areas and Al Hamriya Port [2] - The initial pilot program for robotaxis in Dubai began in December, which included a human safety operator and no charges for rides [3] Group 2: Investment and Stake - Uber has increased its stake in WeRide to 5.82%, valued at approximately $400 million based on WeRide's stock price [4] - In May 2025, Uber invested $100 million into WeRide as part of a partnership to expand robotaxi services to 15 additional cities over the next five years, including plans for European cities [6] Group 3: Strategic Vision - The launch of fully driverless vehicles in Dubai is seen as a milestone for global autonomous mobility, emphasizing Uber's commitment to the UAE and a vision of a hybrid transportation network [5] - Under the partnership, WeRide's robotaxi services are integrated into the Uber app, similar to Uber's collaboration with Waymo, where Uber manages network routing and fleet operations while WeRide focuses on autonomous vehicle technology [7]

Core Insights - Uber and WeRide have launched robotaxi operations in Dubai without a human safety operator, marking a significant step in their expansion in the Middle East [1][4] Group 1: Operations and Locations - Riders can book the robotaxis through Uber's app, with services available in commercial and industrial districts such as Dubai Silicon Oasis, Dubai Investment Park Second, Jabal Ali Industrial First, and suburban areas including Al Hamriya Port [2] - The initial pilot program introduced robotaxis in December, which did not charge for rides and included a human safety operator [3] Group 2: Investment and Stake - Uber holds a 5.82% stake in WeRide, valued at approximately $150 million based on WeRide's stock price, following a $100 million investment last year [4] - Uber increased its investment in WeRide in May 2025 as part of a partnership to expand robotaxi services to 15 additional cities over the next five years, including locations in Europe [5] Group 3: Strategic Vision - The launch of fully driverless vehicles in Dubai is seen as a milestone for global autonomous mobility, emphasizing Uber's commitment to the UAE and a vision of a hybrid transportation network [5] - The partnership allows WeRide's robotaxi services to be accessed through the Uber app, similar to Uber's collaboration with Waymo, where Uber manages network routing and fleet operations while WeRide focuses on autonomous vehicle technology [6]

Group 1 - Uber Technologies, Inc. is viewed as a long-term value investment due to its dominant market position in ridesharing and delivery services, despite competition from Lyft [1] - The company is expanding its partnership with NVIDIA to develop a global fleet of self-driving cars, starting in San Francisco and Los Angeles in the first half of next year [2] - Uber has 202 million monthly active platform users, which positions it well to integrate autonomous driving technology into its existing network [3] Group 2 - Analysts have reacted positively to the news of the NVIDIA partnership, which enhances Uber's self-driving strategy and provides more visibility into its future plans [4] - Uber's stock is currently down nearly 25% from its highs in September, presenting a potential buying opportunity as it trades at 23 times this year's earnings estimates, making it a value stock [5]

Group 1: Fund Performance - Platinum International Technology Fund achieved a 3% increase in Q4 2025 and a 13.1% increase for the entire year, outperforming the benchmark returns of 2.5% and 12.4% respectively [1] - The depreciation of the U.S. Dollar negatively impacted both the Fund and Benchmark returns when measured in Australian dollars for 2025 [1] - The market environment was characterized as 'risk-on', with defensive sectors like Real Estate and Consumer Staples underperforming, while discretionary consumer businesses had mixed results [1] Group 2: Investment Outlook - The firm anticipates a similar investment environment for 2026 as seen in 2025 and 2024, aiming to avoid extreme events [1] - Ongoing macroeconomic trends and a focus on AI are expected to influence investment strategies, while caution is advised regarding potential adverse outcomes from unexpected areas [1] Group 3: Uber Technologies, Inc. Insights - Uber Technologies, Inc. is highlighted as a key stock in the Fund, with a market capitalization of $143.88 billion, but its stock experienced a one-month return of -8.45% and a 52-week loss of 4.22% [2] - Uber, Jacobs Solutions, and Microsoft each detracted from the Fund's quarterly returns by between 0.5% and 0.8%, but the Fund maintains a long-term positive outlook on these businesses [3] - Uber is considered a 'battleground' company, leading in ridesharing and meal delivery, while also engaging with companies developing autonomous vehicle strategies [4][5]