UBER

AI Research

NVIDIA robotaxi partnership → 28 cities by 2028, +5.63% today

Uber shares surged 5.63% on March 17, 2026 after NVIDIA revealed at GTC that it will partner with Uber to deploy Level 4 robotaxis powered by DRIVE Hyperion, launching in Los Angeles and San Francisco in 2027 and expanding to 28 cities across four continents by 2028. The company also signed an MoU with Wayve and Nissan to pilot robotaxi services in Tokyo by late 2026, and a Zoox partnership targets Las Vegas in 2026. Revenue stands at approximately $52 billion with a 39.8% gross margin and 17.7% three-year sales CAGR; risks include regulatory hurdles for autonomous vehicle deployment.

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