Summary: AI disruption in transportation creating opportunities for Uber and Baidu in autonomous driving.

From Nasdaq.: 2025-03-06 06:00:00

Artificial intelligence (AI) is a major trend that will disrupt various industries, including transportation. Companies like Uber Technologies (NYSE: UBER) and Baidu (NASDAQ: BIDU) are well-positioned to benefit from the growth of autonomous ride-hailing services. The autonomous ride-hailing market could reach $11 trillion to $12 trillion globally, with costs per mile expected to decrease to $0.25. Uber is partnering with Waymo to offer autonomous ride-hailing services, while Baidu operates its own platform, Apollo, for autonomous driving and ride-hailing services. Investors should keep an eye on opportunities in the autonomous driving sector for potential gains.



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