Thursday, April 25, 2024
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Startup demos upcoming decentralized GPU infrastructure network to OpenAI, Uber

A project that started out as an institutional-grade quantitative trading system for cryptocurrencies and stocks has transitioned to become a decentralized network sourcing GPU computing power to serve increasing demand for artificial intelligence (AI) and machine learning (ML) services.Io.net has developed a test network that sources GPU computing power from

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Serve Robotics Expands Partnership with Uber Eats to Deliver Meal Orders Seamlessly

Robotics developer Serve recently deepened its relationship with Uber Eats to deploy 2,000 bots for food deliveries across the US.  Serve Robotics has expanded its partnership with Uber Eats, deploying as many as 2,000 delivery bots across the United States. Reports state that Serve Robotics’ autonomous sidewalk delivery robots would be on hand

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California Court of Appeal Signs Off on Uber and Lyft to Tag Drivers as Contractors

The verdict has helped bolster the recovery of both Uber and Lyft stocks in the pre-market today. The Californian Court of Appeals has overturned a lower court’s decision that sought to classify drivers working for ridesharing firms like Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) as independent contractors.

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Developer of Decentralized Ride-Sharing App Teleport Raises $9M in Bid to Compete With Uber, Lyft

Teleport seeks to address some of the headwinds faced by traditional ride sharing, giving control back to drivers and customers, according to its founder, Paul Bohm. “We're giving ownership to anyone who brings people using the protocol, because the protocol should reward the people building it well,” Bohm told CryptoX. Source

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Uber CEO Says Firm Will ‘Lean Into Crypto’ When It Becomes ‘Environmentally Friendly,’ Less Expensive to Transact – Bitcoin News

Speaking in an interview on Friday, Uber CEO Dara Khosrowshahi explained that the company will accept cryptocurrencies “at some point.” Khosrowshahi noted that there were two downsides to leveraging the cryptocurrencies like bitcoin, such as “the exchange mechanism is expensive, [and] it’s not great for the environment.” Uber CEO Says Firm

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