Company Encyclopedia
View More
name
ING Infrastructure Industrials & Materials Fd
IDE.US
News
View More

Starship Technologies and Uber Eats Launch Autonomous Delivery Partnership | UBER Stock News

Starship Technologies and Uber Eats have announced a partnership to launch autonomous robot deliveries across Europe and the U.S. The initiative will begin in the UK in December 2025, expand to multiple European countries in 2026, and reach the U.S. by 2027. Starship's AI-powered robots, which have completed over 9 million deliveries, will enhance Uber Eats' delivery services, offering efficient and affordable experiences. This collaboration aims to redefine urban logistics and leverage Uber's global scale with Starship's autonomous technology.

StockTitan·
US
UBER
-1.65%
StockTitan·
US
UBER
-1.65%

Wernau Asset Management Inc. Sells 3,641 Shares of Cisco Systems, Inc. $CSCO

Wernau Asset Management Inc. reduced its stake in Cisco Systems, Inc. by 14.7% in Q2, selling 3,641 shares. Cisco now represents 1% of Wernau's holdings, valued at $1.47 million. Other institutional investors also adjusted their positions in Cisco. Analysts have given Cisco a consensus rating of "Moderate Buy" with a target price of $84.14. Cisco's stock opened at $79.34, with a market cap of $312.66 billion. The company reported Q2 earnings of $1.00 per share, exceeding estimates, and announced a quarterly dividend of $0.41 per share.

Market Beat·
US
CSCO
+1.98%
Market Beat·
US
CSCO
+1.98%

Cisco Investments investing in World Labs Technologies, Inc., a spatial intelligence AI startup

Cisco Investments investing in World Labs Technologies, Inc., a spatial intelligence AI startup

marketscreener·
US
CSCO
+1.98%
marketscreener·
US
CSCO
+1.98%

Verizon Reportedly Slashing Over 13,000 Roles

Verizon Reportedly Slashing Over 13,000 Roles

marketscreener·
US
VZ
-0.64%
marketscreener·
US
VZ
-0.64%

Cisco Takes Minority Stake in AI Startup World Labs

Cisco Systems Inc., through Cisco Investments, has made a minority equity investment in World Labs Technologies, a spatial intelligence AI startup. This investment, the largest for World Labs, aims to advance the development of Large World Models (LWMs) for AI systems to interact with 3D environments. This move aligns with Cisco's strategy to enhance its role in AI infrastructure. The original content was published by Cisco via PR Newswire on November 20, 2025.

Reuters·
US
CSCO
+1.98%
Reuters·
US
CSCO
+1.98%