Tag: Uber

Uber is developing tech to ensure drivers wear face masks

Uber is coming to terms with the new reality imposed by the COVID-19 pandemic, and it’s using technology to make sure everyone adjusts. The company has confirmed to CNN Business that it’s requiring face masks or similar coverings for both drivers and… Source

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IPOs, crypto funds and other things I missed this week

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. What a week it’s been. I’m exhausted. Not only are we another cycle deeper into the COVID-19 quarantine, but there seems to be more news than ever to sift through.…

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African fintech firm Flutterwave launches SME e-commerce portal

San Francisco and Lagos-based fintech startup Flutterwave has launched Flutterwave Store, a portal for African merchants to create digital shops to sell online. The product is less Amazon and more eBay — with no inventory or warehouse requirements. Flutterwave insists the move doesn’t represent any shift away from its core payments business.…

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Uber AI plays any Atari 2600 game with ‘superhuman’ skill

DeepMind isn’t the only one with an Atari-savvy AI. A team of Uber AI researchers has developed a set of algorithms, Go-Explore, that reportedly beats any Atari 2600 game with “superhuman” scores, including ones where AI previously had trouble bestin… Source

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As Uber reportedly contemplates layoffs, a look back at its post-IPO financial performance

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday news broke that Uber’s CTO Thuan Pham would leave the company (confirmed), and that the American technology giant is contemplating a huge staffing cut to reduce its cost structure.…

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Tecton.ai emerges from stealth with $20M Series A to build machine learning platform

Three former Uber engineers, who helped build the company’s Michelangelo machine learning platform, left the company last year to form Tecton.ai and build an operational machine learning platform for everyone else. Today the company announced a $20 million Series A from a couple of high-profile investors. Andreessen Horowitz and Sequoia…

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