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Autonomous Delivery Startup Nuro Nets $500M In Funding On $5B Valuation

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Rowe Price Associates, with participation from new investors, including Fidelity Management & Research Company and Baillie Gifford. That vehicle also made headlines for being the first one to drive on public roads in three different states: California, Texas and Arizona. The round was led by funds and accounts advised by T.

Houston 249
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Food Delivery Shows No Sign Of Abating In Summer

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Uber Technology is reportedly offering $2.6 The interest among established buyers in growing food delivery operations is far more than a U.S. regulators recently approved Amazon’s $575 million purchase of a 16 percent stake in Deliveroo, a London-based food delivery business that operates in both England and Australia.

Arizona 162
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Uber Launching Taxi-Hailing Service In Nagoya

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Uber Technologies, the ride-hailing startup, announced on Thursday (Sept. 6) that it is launching a taxi-hailing app in Nagoya as it aims to expand in a country where its services aren’t in operation. The cars could be owned and operated by fleet managers outside of Uber , noted the report.

Arizona 100
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UPS Invests In Autonomous Driving Firm TuSimple

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The delivery company also said that it’s been testing self-driving trucks on a freight route in Arizona since May. From the regulatory perspective there is a long way to go,” said Todd Lewis, managing partner at UPS Ventures. But the technology has a ton of implications today.”. The size of the investment was not disclosed.

Tucson 100
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New Alphabet Boss To Scrutinize High-Tech Ventures?

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It’s not uncommon for new management at a company, upon taking the corner office, to take a look at what he or she has been left. Those would include the self-driving cars, the drone business and the various “smart” technologies. These efforts are grouped inside the unit known as “Other Bets,” which had an operating loss of $3.4

Google 131
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Walmart Expands eCommerce Grocery Delivery Partners

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As they are busy managing jobs, soccer practice, dance lessons and social schedules we are on a mission to do more than keep a little extra money in their pockets,” Tom Ward, senior vice president of Digital Operations, Walmart U.S., Customers love our Grocery Delivery service. said in a press release.

Arizona 148
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Nuro Raises $940M From SoftBank For Robotic Delivery

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Nuro, the robotics company operating in the commerce market, announced on Monday (Feb. This partnership gives us the opportunity to take the next step in realizing our vision for local commerce and the broad application of our technology.”. 11) that it has raised $940 million in financing from the SoftBank Vision Fund.

Arizona 100