Serve Robotics (SERV) CEO on Voysys & Vayu Acquisitions, A.I. Applications

Core Viewpoint - Serve Robotics is experiencing significant growth, with shares up 7.5% today and 12% in September, following the integration of Voices technology into its autonomy platform [1] Company Overview - Serve Robotics is a spin-off of Uber, specializing in autonomous last-mile delivery robots operating in cities like Los Angeles, Atlanta, and Miami [2] - The company aims to enhance its delivery process through new technology integrations, including Voices and VU Robotics [2][5] Technology Integration - The integration of Voices technology provides a reliable connectivity stack for robots, enabling them to operate autonomously while still having access to human support when needed [4][5] - The acquisition of VU Robotics focuses on AI advancements, particularly in end-to-end autonomy and simulation for training models, complementing Serve's existing AI efforts [6][7] Growth and Expansion - Serve Robotics has expanded its fleet from 100 robots in one city at the beginning of the year to over 400 robots in five cities, with plans to reach 2,000 robots in six cities by the end of the year [9][10] - The company aims to significantly reduce last-mile delivery costs from $10 to about $1, enhancing efficiency for local businesses and customers [13] Future Outlook - The CEO anticipates a vast market for last-mile robots, with potential growth to millions of robots in the coming years, driven by the demand for efficient delivery solutions [16]