Uber Technologies, Inc. (NYSE:UBER) shares jumped in Wednesday’s premarket session, tracking a broader market rally.
U.S. stock futures jumped after President Donald Trump announced a two-week ceasefire on Iran strikes, easing geopolitical tensions and boosting risk sentiment following Tuesday’s mixed close.
Uber Expands AWS Use to Boost Speed and AI
The company is expanding its use of AWS Graviton4 chips to power Trip Serving Zones, enabling faster rider-driver matching and better handling of demand spikes while improving efficiency.
“Uber operates at a scale where milliseconds matter,” said Kamran Zargahi, vice president of engineering at Uber.
Uber is also piloting AWS Trainium3 to train AI models that analyze billions of trips, improving arrival estimates and personalization.
“By starting to pilot some of our AI models on Trainium, we’re building a technology foundation that will make every Uber experience smarter,” Zargahi said.
AWS said the partnership supports…