Uber News.

Turkey's Competition Board approved Uber's acquisition of Getir's delivery business on Friday. Uber pays $335 million in cash for the food-delivery operation and takes a 15% stake in the remaining grocery and retail portfolio for $100 million. Uber committed to invest $500 million in Turkey as part of the approval.

Former Uber and Amazon employees raised $2.5 million to reduce AI coordination costs by 3.5 times. The funding targets lowering expenses associated with coordinating multiple AI systems. The team aims to make AI collaboration more efficient for enterprises.

Stellantis, Wayve, and Uber have partnered to deploy Level 4 robotaxis globally. Stellantis will supply vehicles engineered for autonomous service, Wayve provides the AI Driver software, and Uber connects the vehicles with passengers through its mobility platform. The companies are already preparing autonomous ride services in London, Tokyo, and ten other cities starting this year.

Uber will launch a robotaxi service in Houston by mid-2027, partnering with Lucid and Nuro. The service uses Lucid Gravity SUVs with Nuro's Level 4 autonomy. Houston becomes the second market after San Francisco. Uber plans to expand to dozens more cities and has invested $500 million in Lucid.

Uber described an architecture for propagating agent identity across multi-agent AI workflows, preserving user context and scoped access. Auth0 argued AI agents need permission models based on delegated authority and explicit human approval boundaries, not conventional service accounts or broad OAuth scopes.

Uber will launch a premium driverless service in Houston by mid-2027, its second US market with Lucid and Nuro. Uber committed about $500 million each to Lucid and Nuro and will buy at least 35,000 robotaxi-ready Lucid Gravity SUVs. The service directly competes with Waymo, which already operates in Houston.

Consumer Reports found that Uber and Lyft use AI-driven dynamic pricing to charge riders more based on factors like location and search frequency. The practice, also called surge pricing, adjusts fares in real time using market demand data. This marks a shift from traditional dynamic pricing to AI-powered systems.

Uber and Lyft both receive Buy ratings, with Uber favored for its global scale, diversified revenue, and $10B trailing free cash flow. Lyft's 95% U.S. revenue concentration exposes it to autonomous vehicle disruption risk, though its low valuation at 7.2x adjusted P/FCF reflects that risk.

Adyen handles payments for Uber, Spotify, eBay, and Microsoft from an Amsterdam canal house. The engineering team eats lunch at a single long table. At its 2018 IPO worth €7 billion, Adyen had roughly 1,000 employees worldwide, fewer staff than a midsize hotel.