Sony Corp. to launch an AI-based taxi-hailing service in Japan

 Sony Corporation said today that it will build an AI-based ride-hailing system in Japan in partnership with five taxi companies. The service will use artificial intelligence to manage taxi dispatches and forecast demand based on factors like weather, traffic and local events. Sony’s announcement came just before Uber chief executive officer Dara Khosrowshahi, who is currently visiting… Read More

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London sets out safety-first plan for regulating ride-sharing

 After London sent ripple’s of shock through Silicon Valley last year, by denying Uber a renewal of its private hire vehicle license, the city’s transport regulator is doubling down on its scrutiny of the impact of app-based ride operators like Uber. Read More

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Lyft Concierge, its ride-booking service for businesses, opens to all

 Lyft today announced it’s expanding its Concierge program – the service that allows organizations to schedule rides for other people – to more business customers. First announced in 2016, the service was originally designed to help patients get to medical appointments, particularly in areas where they may not have a car of their own, like New York, where more than half of… Read More

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Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai

 Grab, Uber’s closest rival in Southeast Asia, continues to slowly release information about its newest funding round after it revealed it has netted a strategic investment from Hyundai. To recap, the Singapore-based firm raised a massive $2 billion led by SoftBank and China’s Didi Chuxing last July with plans to extend the round by a further $500 million. Back in August, it… Read More

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Didi Chuxing declares war on China’s bike-sharing startups

 Fresh from its first international expansion following the acquisition of Brazil’s 99 last week, Chinese ride-hailing giant Didi Chuxing announced another significant move by revealing plans for its own bike-sharing platform. The platform will integrate Ofo — the company that counts Didi as an investor — as well as financially stricken service Bluegogo — which Didi… Read More

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China’s Didi Chuxing raises $4B more for AI, international expansion and electric vehicles

 China’s Didi Chuxing, the country’s top ride-hailing company, said today that it has raised $4 billion in new capital to support a range of new initiatives including international expansion.
The company has already raised $13 billion from investors that include Alibaba, Tencent and Apple, and it said that this newest round will go towards developing its artificial intelligence… Read More

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Taking a ride through SF in Cruise’s self-driving Bolt EV

 GM’s Cruise has a fleet of self-driving cars pretty much continually roving the streets of San Francisco, gathering data and improving their autonomous driving performance with the ultimate goal of underpinning future commercial self-driving products from the automaker. Thus far, employees and investors have had the chance to take rides in the test vehicles – but no one outside… Read More

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Yandex takes its self-driving test cars out for a spin in the snow

 Russian software giant Yandex took its prototype self-driving taxi out for its first real-world snow test last weekend. The Prius model prototypes clocked up 300km in total during the test.  Read More

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Uber fined $8.9M in Colorado for driver screening failures

 Uber has been slapped with an $8.9 million fine in Colorado after state criminal investigators found it had allowed 57 individuals with past criminal or motor vehicle offenses to drive and pick up passengers on its platform over the past year and…

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