dara khosrowshahi

Uber CEO dara khosrowshahi is in India to solidify investment plans amidst fierce competition from Rapido. He met with key ministers, discussing EV transitions and dark patterns, and was urged to submit audit reports. Khosrowshahi also highlighted a quadrupling of drivers on Uber's platform since 2022, signaling significant growth.

Uber is building its first data center in India with the Adani Group. This facility will support Uber's growing technology needs in the country. The partnership aims to enhance innovation and deployment of Uber's tech. The data center is expected to be operational later this year. This move signifies a major expansion of Uber's infrastructure in India.

Uber is set to open two new technology centers in Bengaluru and Hyderabad by the end of 2027, significantly expanding its engineering and infrastructure presence in India. These facilities will focus on AI, backend systems, and global product development, reflecting Uber's long-term commitment to the Indian market and its growing role in solving mobility challenges worldwide.

Uber is strategically slowing headcount expansion to channel more investment into artificial intelligence, according to CEO dara khosrowshahi. AI is proving to be a powerful accelerator, boosting engineer productivity by generating a significant portion of code changes. This shift aims to enhance efficiency across all company operations, making the AI investment highly compelling.

Mark Cuban warns that AI's inconsistency makes human expertise crucial, debunking 'doomer' fears of AI takeover. He highlights that AI's probabilistic nature means it doesn't grasp consequences, making human judgment indispensable. Meanwhile, Google and Uber CEOs reveal AI generates significant code, but human engineers always provide final approval, underscoring the continued need for human oversight.

Investment part of broader $730 million round; valuation up 30% since last secondary transaction.

Uber CEO dara khosrowshahi revealed the company is hiring more engineers due to AI, viewing them as "superhumans" empowered by the technology. He stated that 80-90% of Uber's developers now utilize AI tools, significantly enhancing their productivity and problem-solving capabilities across various operations.

Uber CEO dara khosrowshahi stated that Chinese EV companies like BYD and Geely are leading the electric vehicle market due to their intense focus and competitive domestic environment. He highlighted their streamlined supply chains, rapid innovation, and government support as key factors. Western automakers are struggling to keep pace, facing challenges in productivity, profitability, and regulatory hurdles.

Billionaire Gautam Adani met with Uber CEO dara khosrowshahi during Khosrowshahi's visit to India. Adani expressed the possibility of future collaborations between their companies, praising Khosrowshahi's vision for Uber's expansion in India.. The Uber CEO also engaged with India's external affairs minister, S Jaishankar, who commended Khosrowshahi's optimism about doing business in India.

Uber CEO dara khosrowshahi remarked on the company's autonomous vehicle strategy, potential competition with Tesla, and their partnership with Waymo. Uber remains open to collaboration with Tesla but is currently betting on Waymo's technology, despite acknowledging potential hardware challenges.

Uber Technologies Inc CEO dara khosrowshahi vowed to get his company to profitability while pursuing growth from emergent arenas such as India, addressing investors’ concerns about the company’s mounting losses and regulatory challenges. Uber, which lost about $5.2 billion in the 2nd quarter alone, is having a tough time convincing the market of its growth potential.

The former Expedia CEO's appointment comes after embattled Uber cofounder Travis Kalanick was ousted as CEO of the world's most valuable private company in June and Uber has suffered an exodus of its top ranks amid mounting public scandals.

Khosrowshahi dived headfirst into some exciting things on offer, trying out five unique initiatives along the way.

In a recent interview, Uber CEO dara khosrowshahi's mother, Lili, revealed her enduring frugality, admitting she still refuses to buy Starbucks despite its Uber Eats partnership. The Khosrowshahi family fled the Iranian revolution, losing their assets and rebuilding their lives in the US. This lighthearted exchange highlights their resilience and humble beginnings.

Billionaire Gautam Adani met with Uber CEO dara khosrowshahi at Adani group's headquarters in Ahmedabad. They discussed future collaborations, including uplifting Indian drivers and accelerating EV transition in India. Khosrowshahi also signed an MoU with ONDC and met with other government officials to strengthen partnerships.

Revenue growth of 38% in the third quarter was almost half of what the growth rate was six months earlier, when the company was negotiating a $9.3-billion investment led by SoftBank Group. Uber lost $1.07 billion in the quarter ended September 30, an improvement over a year ago, but the loss widened 20% from the second quarter.

Uber will cut about 3,700 full-time jobs and CEO dara khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the Covid-19 pandemic decimates its ride-hailing business. Layoffs included its customer support and recruiting teams and expect to incur about $20 million in costs for severance and related charges.

Uber CEO dara khosrowshahi acknowledges the competitive challenge posed by Elon Musk in self-driving cars but is open to collaborating with Tesla. He highlights Tesla's technology and the potential for partnership. Uber's future strategies could include direct competition, collaboration, or a combination, depending on Tesla's moves. Uber has existing partnerships with Waymo and Cruise.

Uber CEO dara khosrowshahi has highlighted that initiatives like ONDC and the Unified Payments Interface (UPI) are reducing the cost of business and simplifying cumbersome processes.

New Delhi, Aug 28 () Uber has named Expedia chief dara khosrowshahi as its new CEO, handing over the reins to him to turn around things for the troubled US-based cab aggregator.

Uber has been told by banks that it could be a $120-billion company when it goes public

Cab aggregator Uber will continue to pour money into its loss-making India operations, which account for one-tenth of its trips. Its CEO dara khosrowshahi said the country, identified as a key growth market, will remain in focus and investor SoftBank may not solely drive the strategy.

Uber CEO dara khosrowshahi delivered food to customers ordering through the Uber Eats app in San Francisco. "Spent a few hours delivering for UberEats. 1. SF is an absolutely beautiful town. 2. Restaurant workers were incredibly nice, every time. 3. It was busy!! 4. I'm hungry - time to order..." Khosrowshahi tweeted on Sunday.