Uber Partners with Autobrains and Nvidia for Munich Autonomous Taxi Service
- Partnership Announcement: Uber has partnered with Israel's Autobrains to launch an autonomous taxi service in Munich, contingent upon regulatory approval, marking a significant step towards commercial autonomous transportation services in the European market.
- Technology Integration: The initiative will utilize Nvidia's Drive Hyperion platform combined with Autobrains' agentic AI technology, featuring an 'OEM-agnostic' architecture that allows deployment across various vehicle manufacturers and urban markets, enhancing Uber's operational flexibility.
- Strategic City Selection: Munich has been chosen as the initial launch city, aligning with Uber's previously announced plans for autonomous vehicle trials starting in 2026, indicating the company's commitment to the German market and reflecting the country's evolving regulatory framework for autonomous vehicle testing.
- Market Reaction: Following the announcement, Uber's shares fell by 0.73% and Nvidia's by 1.45%, although this decline was not solely attributed to the robotaxi initiative, highlighting the broader downward pressure on technology stocks in the market.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0177 | 0.0194 | 0.0207 | 0.0224 | 0.0237 | 0.0254 | 0.0267 |
| Fibonacci | 0.0194 | 0.0206 | 0.0213 | 0.0224 | 0.0236 | 0.0243 | 0.0254 |
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