Uber and Lyft Announce Nvidia Partnership, Targeting 28 AV Markets by 2028
At GTC, Uber (UBER) and Lyft (LYFT) announced partnerships with Nvidia (NVDA) that support their transition to hybrid AV/human-driver networks, with Uber targeting 28 AV markets by 2028 and Lyft leveraging Nvidia compute and Hyperion for a turnkey AV platform, RBC Capital tells investors in a research note. While expansion by Waymo and other well-funded AV players could pressure 2026 results, the diversified, multi-partner platform strategy is viewed as offering a stronger long-term moat despite potential near-term stock volatility, the firm says.
