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Globe and Mail
15-07-2025
- Business
- Globe and Mail
Can Nebius Monetize Its Bets on ClickHouse, Avride and Toloka?
Nebius Group N.V. NBIS is a Europe-based AI-infrastructure company. The stock price has seen a meteoric rise (up 146.4% in the past three months), outperforming the S&P 500's 18.9% growth. NBIS is gaining from strong revenue growth of 385% in the last reported quarter, driven by accelerating demand for its AI-infrastructure services. Apart from booming core AI business, investors also need to look at the company's various stakes in some high-growth tech ventures that could emerge as powerful value drivers. ClickHouse stake is a standout. NBIS has a 28% stake in ClickHouse, valued at around $6 billion presently, which translates into a ready capital source if monetized. Other stakes include Toloka, a data partner for all stages of AI development, TripleTen, an edtech platform, and Avride, an autonomous vehicle platform. NBIS holds a considerable majority economic interest stake in Toloka. This tech venture is now backed by Amazon's Jeff Bezos and Shopify's Mikhail Parakhin. This investment will enable Toloka to scale rapidly and enhance its focus as global demand for high-quality AI data continues to rise. Avride struck partnerships with major players like Uber, Hyundai, GrubHub and Rakuten in the last reported quarter. Nebius also highlighted that discussions with potential third-party investors are underway, indicating another path to capital generation. These various stakes give Nebius a unique edge among AI-infrastructure players. Nebius seems confident to effectively monetize these businesses and fuel its core business while minimizing dilution to existing shareholders and keeping debt in check. For investors, these hidden value drivers may represent the next leg of the company's valuation uplift. How Are NBIS' Competitors Positione d ? CoreWeave CRWV is another AI-infrastructure company with hyper revenue growth of 420% in the first quarter of 2025. CRWV has been focused on own infrastructure buildout. The company acquired Weights & Biases as part of the strategy to expand its footprint in high-performance AI-cloud infrastructure. CRWV also recently announced the acquistion of Core Scientifi c in an all-stock deal worth around $9 billion as it deepens the vertical integration strategy. By taking ownership of Core Scientific's 1.3 GW power infrastructure footprint, with an additional 1 GW expansion potential, it gains ample room to grow its AI infrastructure. With demand for AI compute soaring, this extra capacity provides a strong long-term advantage. The transaction, expected to close in the fourth quarter of 2025. Management has also inked a strategic partnership with OpenAI for about $11.9 billion. Microsoft Corporation MSFT is a structurally dominant name in the tech space. With its Azure cloud platform, MSFT leads the AI-infrastructure space. The tech giant invests in innovative early-stage tech companies through its M12 venture fund. MSFT boasts stakes in various companies, with the crown jewel being OpenAI. MSFT has invested $13 billion in OpenAI and has rights to OpenAI IP (includes both model and infrastructure) for use within its products like Copilot, Azure and Bing. Moreover, Azure platform is the exclusive cloud provider for OpenAI. Through the Azure OpenAI Service agreement, developers can have direct access to leading OpenAI models supported by Azure and AI infrastructure and tools. NBIS Price Performance, Valuation and Estimates Shares of Nebius have gained 87.5% year to date compared with the Internet – Software and Services industry's growth of 23.8%. Image Source: Zacks Investment Research In terms of price/book, NBIS' shares are trading at 3.87X, down from the Internet Software Services industry's ratio of 4.1X. The Zacks Consensus Estimate for NBIS' earnings for 2025 has been unchanged over the past 30 days. NBIS currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report Nebius Group N.V. (NBIS): Free Stock Analysis Report CoreWeave Inc. (CRWV): Free Stock Analysis Report
Fox News
05-07-2025
- Politics
- Fox News
Fox News AI Newsletter: Amazing breakthrough for paralyzed man who can't speak
IN TODAY'S NEWSLETTER: - Paralyzed man speaks and sings with AI brain-computer interface- Robots are taking over Uber Eats deliveries. Is your city next?- Republicans scrap deal in 'big, beautiful bill' to lower restrictions on states' AI regulations VOICE BREAKTHROUGH: When someone loses the ability to speak because of a neurological condition like ALS, the impact goes far beyond words. It touches every part of daily life, from sharing a joke with family to simply asking for help. Now, thanks to a team at the University of California, Davis, there's a new brain-computer interface (BCI) system that's opening up real-time, natural conversation for people who can't speak. This technology isn't just about converting thoughts into text. Instead, it translates the brain signals that would normally control the muscles used for speech, allowing users to "talk" and even "sing" through a computer, almost instantly. JOBS ON THE LINE: If you've ordered food on Uber Eats recently, you may have seen a delivery robot instead of a human driver. Uber has partnered with Avride to bring autonomous robots to the streets. They already operate in several U.S. cities, and your area could be next. 'NOT ACCEPTABLE': A deal that had been reached between Sens. Marsha Blackburn, R-Tenn., and Ted Cruz, R-Texas, over how states can regulate artificial intelligence has been pulled from President Donald Trump's "big, beautiful" bill. OFFLINE BRAIN POWER: Google DeepMind has introduced a powerful on-device version of its Gemini Robotics AI. This new system allows robots to complete complex tasks without relying on a cloud connection. Known as Gemini Robotics On-Device, the model brings Gemini's advanced reasoning and control capabilities directly into physical robots. It is designed for fast, reliable performance in places with poor or no internet connectivity, making it ideal for real-world, latency-sensitive environments. SAVE OUR CHILDREN: When my 16-year-old son Mason was going through a painful breakup, he did what many kids of his generation do: He turned to TikTok. Mason used the social media site to search for positive affirmations and inspirational quotes. Instead, TikTok's algorithm sent him the most horrific content urging suicide and self-harm. In November 2022, Mason took his own life. PRIVACY NIGHTMARE: Meta's new AI chatbot is getting personal, and it might be sharing more than you realize. A recent app update introduced a "Discover" feed that makes user-submitted chats public, complete with prompts and AI responses. Some of those chats include everything from legal troubles to medical conditions, often with names and profile photos still attached. The result is a privacy nightmare in plain sight. MAN VS MACHINE: As sixth-generation fighter programs ramp up, military insiders are divided over whether future warplanes need pilots at all. The Pentagon is pouring billions into next-generation aircraft, pushing the boundaries of stealth and speed. But as America eyes a future of air dominance, one question looms large: Should Americans still be risking their lives in the cockpit? FOLLOW FOX NEWS ON SOCIAL MEDIA FacebookInstagramYouTubeTwitterLinkedIn SIGN UP FOR OUR OTHER NEWSLETTERS Fox News FirstFox News OpinionFox News LifestyleFox News Health DOWNLOAD OUR APPS Fox NewsFox BusinessFox WeatherFox SportsTubi WATCH FOX NEWS ONLINE STREAM FOX NATION Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future with Fox News here.
New York Post
04-07-2025
- Automotive
- New York Post
Robots are taking over Uber Eats deliveries — is your city next?
If you've ordered food on Uber Eats recently, you may have seen a delivery robot instead of a human driver. Uber has partnered with Avride to bring autonomous robots to the streets. Advertisement They already operate in several US cities, and your area could be next. What is an Uber Eats delivery robot? Uber Eats uses compact, four-wheeled robots to handle the final stretch of food delivery. These delivery robots are about the size of a carry-on suitcase and can move along sidewalks at speeds of up to five miles per hour. Each robot carries up to 55 pounds of food or drinks, including large pizza orders and bottles. Advertisement With features like LIDAR, cameras, and ultrasonic sensors, the robots can detect obstacles from 200 feet away. They recognize traffic lights and navigate crowded sidewalks with ease. These robots work around the clock. Rain or shine, they keep moving. 5 Uber Eats started using four-wheeled robots to deliver food. Uber eats Advertisement Their secure cargo compartments open only when the customer unlocks them through the Uber Eats app. With swappable batteries and up to 12 hours of life, they're built for constant service. Where are Uber Eats Robots delivering food? Right now, Uber Eats robot delivery is live in multiple US cities. Austin, Texas, was the first to launch the sidewalk robot program and Dallas is next. Advertisement In New Jersey, Jersey City has already rolled out the robots in neighborhoods like Hamilton Park, Historic Downtown, and the Waterfront. Some cities in Ohio are also part of the program. Uber and Avride plan to deploy hundreds of delivery robots by the end of 2025. That makes it likely your city will see them soon. 5 Uber Eats first started using the robots in Austin, Texas. Uber eats How does Uber Eats robot delivery work? If you live in a participating city, you might get the option to choose a robot during checkout in the Uber Eats app. Once selected, the app dispatches a delivery robot to your location. You'll get a notification when the robot arrives. 5 The robots can deliver food, groceries and small packages. Uber eats Advertisement Use the app to unlock the secure compartment and collect your order. These robots deliver more than just meals, they can handle groceries and small packages too. Why is Uber using robots for delivery? Uber Eats serves over 31 million active users in the US. The company is always looking for faster, safer, and more affordable ways to deliver food. Advertisement Robots provide exactly that. 5 The robots are programmed to obey traffic rules and navigate cities. Uber eats They aren't delayed by traffic, don't rely on drivers, and perform well on short trips in urban areas. These delivery robots help reduce fees, increase reliability, and boost safety. Advertisement Thanks to their sensors and programmed traffic rules, they navigate cities efficiently. How do Uber Eats delivery robots handle privacy? Uber Eats delivery robots are designed with privacy in mind. They do not store personal information such as payment details or delivery addresses. 5 Uber plans to roll out hundreds of more delivery robots in US cities by the end of 2025. Uber eats Advertisement The only data they process is the pickup and delivery locations, which are not tied to any personal details. Sensor data collected by the robots is anonymized and used solely to improve the technology. Additionally, the robots' cameras blur faces and license plates to further protect privacy. Will Uber Eats delivery robots come to my city next? Uber and Avride are scaling up their operations quickly, with plans to roll out hundreds of delivery robots in more US cities by the end of the you are interested in seeing robot deliveries in your area, Uber Eats encourages customers to reach out and express their interest. The company evaluates requests and considers expanding services based on demand and feasibility. Kurt's key takeaways It is remarkable to see how quickly delivery robots are becoming an integral part of everyday life in cities across the country. Whether you're someone who loves trying out new technology or you just want your food to arrive reliably, these robots are designed to make things easier and safer for everyone. With Uber Eats and Avride adding more robots every month, it is only a matter of time before you spot one rolling up to your door with your next order.
Fox News
03-07-2025
- Business
- Fox News
Robots are taking over Uber Eats deliveries. Is your city next?
If you've ordered food on Uber Eats recently, you may have seen a delivery robot instead of a human driver. Uber has partnered with Avride to bring autonomous robots to the streets. They already operate in several U.S. cities, and your area could be next. Sign up for my FREE CyberGuy ReportGet my best tech tips, urgent security alerts, and exclusive deals delivered straight to your inbox. Plus, you'll get instant access to my Ultimate Scam Survival Guide — free when you join my Uber Eats uses compact, four-wheeled robots to handle the final stretch of food delivery. These delivery robots are about the size of a carry-on suitcase and can move along sidewalks at speeds of up to five miles per hour. Each robot carries up to 55 pounds of food or drinks, including large pizza orders and bottles. With features like LIDAR, cameras, and ultrasonic sensors, the robots can detect obstacles from 200 feet away. They recognize traffic lights and navigate crowded sidewalks with ease. These robots work around the clock. Rain or shine, they keep moving. Their secure cargo compartments open only when the customer unlocks them through the Uber Eats app. With swappable batteries and up to 12 hours of life, they're built for constant service. Right now, Uber Eats robot delivery is live in multiple U.S. cities. Austin, Texas, was the first to launch the sidewalk robot program. Dallas will join soon. In New Jersey, Jersey City has already rolled out the robots in neighborhoods like Hamilton Park, Historic Downtown, and the Waterfront. Some cities in Ohio are also part of the program. Uber and Avride plan to deploy hundreds of delivery robots by the end of 2025. That makes it likely your city will see them soon. If you live in a participating city, you might get the option to choose a robot during checkout in the Uber Eats app. Once selected, the app dispatches a delivery robot to your location. You'll get a notification when the robot arrives. Use the app to unlock the secure compartment and collect your order. These robots deliver more than just meals, they can handle groceries and small packages too. Uber Eats serves over 31 million active users in the U.S. The company is always looking for faster, safer, and more affordable ways to deliver food. Robots provide exactly that. They aren't delayed by traffic, don't rely on drivers, and perform well on short trips in urban areas. These delivery robots help reduce fees, increase reliability, and boost safety. Thanks to their sensors and programmed traffic rules, they navigate cities efficiently. Uber Eats serves over 31 million active users in the U.S. The company is always looking for faster, safer, and more affordable ways to deliver food. Robots provide exactly that. They aren't delayed by traffic, don't rely on drivers, and perform well on short trips in urban areas. These delivery robots help reduce fees, increase reliability, and boost safety. Thanks to their sensors and programmed traffic rules, they navigate cities efficiently. Uber Eats delivery robots are designed with privacy in mind. They do not store personal information such as payment details or delivery addresses. The only data they process is the pickup and delivery locations, which are not tied to any personal details. Sensor data collected by the robots is anonymized and used solely to improve the technology. Additionally, the robots' cameras blur faces and license plates to further protect privacy. Uber and Avride are scaling up their operations quickly, with plans to roll out hundreds of delivery robots in more U.S. cities by the end of the year. If you are interested in seeing robot deliveries in your area, Uber Eats encourages customers to reach out and express their interest. The company evaluates requests and considers expanding services based on demand and feasibility. It is remarkable to see how quickly delivery robots are becoming an integral part of everyday life in cities across the country. Whether you're someone who loves trying out new technology or you just want your food to arrive reliably, these robots are designed to make things easier and safer for everyone. With Uber Eats and Avride adding more robots every month, it is only a matter of time before you spot one rolling up to your door with your next order. If a robot rolled up to your door with your next Uber Eats order, how would you feel about it? Would you be excited to try out this new tech, or do you still prefer having a human delivery driver bring your food? Let us know by writing to us at Sign up for my FREE CyberGuy ReportGet my best tech tips, urgent security alerts, and exclusive deals delivered straight to your inbox. Plus, you'll get instant access to my Ultimate Scam Survival Guide - free when you join my Copyright 2025 All rights reserved.
Miami Herald
17-06-2025
- Business
- Miami Herald
H-E-B pilots autonomous vehicle delivery in Austin
Dive Brief: H-E-B is piloting autonomous vehicle delivery from a store in Austin, Texas, the grocer confirmed in an email to Grocery robots have been delivering select orders of grocery items through Favor, the H-E-B-owned delivery app offering groceries, restaurant meals, alcohol and household items, from the Mueller H-E-B store since May, the grocer pilot marks the latest effort by a grocer to test autonomous vehicle delivery. Dive Insight: While several grocers have tested bot delivery over the last few years, autonomous delivery is still rare in the grocery industry. H-E-B partnered with autonomous vehicle maker Avride, which is headquartered in Austin, for the pilot. The bots have a delivery radius of roughly one mile and service customers living in the Austin Mueller District of the city. With the pilot, customers can get 10 small items delivered by the bots between 11 a.m. to 7 p.m. daily, Chron reported. Avride's website says that its delivery robot can hold six 16.5-inch pizzas and five 1.5-liter bottles. The bot uses sensors, lidar and cameras to navigate and has cameras that blur faces and license plates to ensure privacy, according to the company. The robots travel up to five miles per hour and can cover 31 miles on a single charge. The bots are a familiar sight to people in the Mueller neighborhood. Last spring, Avride bots started ferrying food from restaurants to delivery customers, according to local news station KXAN. H-E-B said it does not have expansion plans to share about the pilot. Last summer, Favor added a quick delivery option that lets customers get up to 15 grocery items in 45 minutes or less. Save Mart and Erewhon Market have also piloted sidewalk delivery robots in recent years as several tech companies, including Uber, look to make autonomous vehicles mainstream. Copyright 2025 Industry Dive. All rights reserved.
