What Happened Uber (UBER) said it will invest up to $1.25 billion in Rivian (RIVN) as part of a robotaxi agreement that calls for the deployment of 10,000 fully autonomous R2 SUVs on Uber’s platform starting in 2028. Uber will make an initial $300 million investment, with the remaining funding to be

Zoox Pushes Deeper Into the U.S. Robotaxi Map Amazon-owned Zoox is widening its robotaxi ambitions, announcing new testing programs in Dallas and Phoenix as it pushes into more U.S. cities. The expansion lifts Zoox’s footprint to 10 domestic markets, making

A New U.S. Era for Formula 1 Formula 1’s 2026 season begins this weekend in Australia, but the bigger story for investors may be happening off the track. For the first time, Apple TV is the exclusive U.S. broadcaster for

Defense Industry Moves Quickly Defense technology firms are rapidly distancing themselves from Anthropic’s Claude AI after the U.S. Department of Defense moved to blacklist the technology over national security concerns. Several companies working on military contracts have instructed employees to

A Record LBO Heads to Market JPMorgan is preparing to formally launch the debt syndication process for the $55 billion leveraged buyout of Electronic Arts, one of the largest private equity deals in recent history. The financing package is expected

Nvidia Doubles Down on AI Infrastructure Nvidia announced two strategic $2 billion investments into photonics companies Coherent and Lumentum, signaling the next phase of the AI infrastructure arms race. The deals are designed to secure access to advanced laser and

What Uber Announced Uber Technologies (UBER) said it will invest more than $100 million to develop autonomous vehicle charging hubs, a move that reinforces the company’s push to scale self-driving operations on its platform. The plan includes building out charging where Uber manages

Lawmakers Push Back on Big Tech’s Data Center Expansion The rapid build-out of AI-driven data centers across the United States is meeting growing resistance from federal and state lawmakers concerned about rising electricity bills and grid strain. This week, Senators

Waymo Rolls Out Sixth-Generation Ojai Robotaxis Waymo is officially deploying its sixth-generation autonomous driving system, launching its new Ojai robotaxis in San Francisco and Los Angeles. The vehicles are currently offering fully driverless rides to employees and guests before a

Google Clears Major Regulatory Hurdle in Europe Alphabet’s Google secured unconditional approval from European Union antitrust regulators on Tuesday for its $32 billion acquisition of Wiz, removing a major regulatory obstacle for the tech giant’s largest deal to date. The