MobilityRevolutionUpdate

Uber CEO Reveals Formula To Profitability

“Scale is the primary driver toward profitability,” says Uber CEO Dara Khosrowshahi. “It’s getting big. We’ve got over a billion rides per quarter and we’ve got trips growing at 35 percent on a year on year basis. It’s a combination of growing top-line over 35 percent, technology innovation to delight the customer and take costs …

Uber CEO Reveals Formula To Profitability Read More »

I Was Blown Away By Mobileye’s Autonomous Driving Technology

“I went back to Israel a few weeks ago and I was blown away by how fast and how quickly their autonomous driving technology has developed,” says Intel CEO Bob Swan in reference to Mobileye. “We went through the streets of Jerusalem. Their technology increasingly builds our confidence for our ability to go from L2, …

I Was Blown Away By Mobileye’s Autonomous Driving Technology Read More »

We Expect This Business To Be Very Profitable

“Not only do we expect to hit cashflow break-even, but we expect this business to be very profitable at maturity,” says Uber CEO Dara Khosrowshahi. “I think that going forward our spending declines as a percent of revenue. So when you’re growing trips 35 percent year on year your spending is going to increase. But …

We Expect This Business To Be Very Profitable Read More »

We Built the Data Platform For AI To Enable Safe Self-Driving Cars, Says Scale AI CEO

“What we’ve done at Scale is built the data platform for AI,” says Scale AI’s 22-year-old CEO, Alexandr Wang. “AI is really built on top of data and these algorithms require billions and billions of examples of labeled data to be able to perform in a safe or reliable way. What we’ve done is built …

We Built the Data Platform For AI To Enable Safe Self-Driving Cars, Says Scale AI CEO Read More »

Rakuten Rolling Out Revolutionary 5G Mobile Network In Japan

Building World’s First Fully Virtualized Cloud-Native Network With our new mobile network, all these network services are directly connected to the internet,” says Rakuten founder and CEO Hiroshi Mikitani. “Our firewall is probably much stronger than any other hardware-dependent mobile network. It is a pretty wrong idea that hardware is stronger in terms of security …

Rakuten Rolling Out Revolutionary 5G Mobile Network In Japan Read More »

Walmart Testing Self-Driving Delivery Vans, Says Gatik AI CEO

“Our partnership with Walmart is a huge validation that commercialization and scalability of autonomous vehicles will happen in the B2B short or logistic space,” says Gatik AI CEO Guatam Narang. “Our autonomous vehicles will be moving goods for Walmart from one of their dock stores to their neighborhood markets in Bentonville, Arkansas. Think of our …

Walmart Testing Self-Driving Delivery Vans, Says Gatik AI CEO Read More »