May Mobility Inks $1.4B SPAC Deal: Inside the 12% PIPE
May Mobility agrees to go public at a $1.4B valuation via ACP Holdings SPAC, backed by a $120M 12% preferred PIPE structured for high-rate public markets.
autonomous vehicles
Uber Cuts 3,300 Jobs to Fund Autonomous Vehicle Push
Uber is cutting roughly 10% of its global workforce and tightening return-to-office rules to redirect $580M in savings toward its self-driving bet.
Uber’s $10 Billion Robotaxi Bet: What the Strategy Shift Signals for Investors
Uber commits $10B to autonomous vehicles in a major strategy pivot. Here’s what the capital allocation shift means for investors, the AV race, and the broader market.