Wednesday, February 11, 2026

Uber presses its robotaxi strategy

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Tech Across the Globe

Meta pitches safety: The parent of Facebook and Instagram ran thousands of television commercials to tout its safety work with teenagers ahead of a landmark jury trial to examine whether social media is addictive to young people.

Coupang probe: South Korean investigators say the e-commerce company failed to preserve information related to a breach of data on nearly 34 million shoppers, compromising a probe into the incident.

Anthropic's fundraising: Blackstone made another investment in the artificial intelligence company, increasing its stake to $1 billion, while Abu Dhabi's MGX is nearing a deal to join the funding round, which is expected to raise more than $20 billion.

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Revalued

Spanish AI software company Multiverse is in talks to raise about €500 million ($595 million) in a deal that would value the company at €1.5 billion. The startup, founded in 2019, aims to shrink large language models so they consume less energy and power, which would make the technology cheaper and more efficient.

Must Read

Uber's critics say the ride-hailing company is spending too much money on robotaxis with an uncertain payoff, Natalie Lung writes in today's Tech In Depth. But Uber is pushing back on that narrative, saying it has the financial resources to reward investors and plan for a future of autonomous vehicles, she writes.

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This Week in Soundbite

SiriusXM's move into podcasting has produced results, with revenue jumping 41% in 2025, Ashley Carman reports in this week's Soundbite. But it has taken awhile and new challenges — and challengers — are fast approaching, she writes.

Sign up for the Soundbite newsletter to get exclusive reporting on podcasting, the music industry and audio trends from Ashley Carman.

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