Uber Sells the Dream, Waymo Logs the Autonomous Miles

Executive Summary

This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Uber’s newly announced Autonomous Vehicle Solutions initiative and debate its true value to the autonomous vehicle ecosystem, particularly its AV mission control and insurance offerings. They also discuss Waymo’s impressive milestone of one million fully autonomous freeway miles alongside its strategic, stealthy moves into the European market. Finally, they break down Wayve’s $1.2 billion funding round and what Nvidia’s $6 billion in physical AI earnings mean for the future of robotaxis and humanoids.

Key Autonomy Markets Episode Questions Answered

Autonomy Markets Topics & Timestamps

[00:00] Uber’s Identity Crisis

Uber’s stock has been languishing in the low seventies, prompting the company to push a new narrative to address investor concerns regarding the future risks of autonomy.

[1:33] Breaking Down Uber Autonomous Solutions

Uber released a comprehensive plan detailing the value they aim to provide AV partners, which includes dashcam training data, data-enriched mapping for pickups, regulatory support, fleet financing, and autonomous vehicle mission control.

[20:43] Uber’s Abu Dhabi Analyst Day & Chinese Tech Risks

Uber recently hosted analysts in the UAE to meet with Chinese partners WeRide and Baidu. This international strategy poses significant political risks and could spark major blowback from the U.S. Government.

[35:37] Waymo Announces Chicago & Charlotte as New Markets

Waymo continues its rapid expansion by announcing new operations in Chicago and Charlotte, officially bringing its total reach to 32 markets.

[40:55] Uber and Waymo’s Waning Relationship

Waymo launched early rider programs in Dallas, Houston, San Antonio, and Orlando without including Uber in the announcements, signaling a potential cooling in their partnership.

[42:03] Waymo Surpasses 1 Million Fully Autonomous Freeway Miles

Demonstrating incredible acceleration, Waymo announced it has driven 1 million fully autonomous freeway miles and doubled its total autonomous miles to 200 million in just eight months.

[43:56] Waymo Eyes the EU Expansion

Waymo is quietly laying the groundwork for a European expansion, having met with the European Commission and partnered with TÜV SÜD for vehicle type certification.

[46:32] Wayve’s $1.2B Funding Round

Autonomous driving startup Wayve secured a massive $1.2 billion funding round at an $8.6 billion valuation. The round was backed by SoftBank, Nvidia, automakers, and Uber, who also plans to own and operate the Wayve fleet starting in London.

[50:39] NVIDIA, Physical AI, & Humanoids

Nvidia reported $6 billion in earnings driven by “physical AI”. The market is expanding rapidly, with significant growth expected in robotaxis and the deployment of humanoid robots in factory operations.

[53:04] Next Week

Grayson and Walt look forward to upcoming industry conferences, potential new vehicle sightings from Tesla in Austin, and keeping a close eye on autonomous expansions in the London market.

Full Episode Transcript

Grayson Brulte: Walter Piecyk, while you were busy and dodging snowstorms, and I heard they were pretty big. They were huge. Up north you were relaxing in the sun. And while you were doing that, the autonomy markets kept on autonomously. Moving ahead, we had big news from Waymo Wayve, Nvidia and Uber’s identity crisis continues and tonight wrote, and This Week in the Autonomy Economy. Will the real Uber please stand up. Please stand up. See, I’m channeling my, my inner Eminem there. Let’s kick things off with Uber and their autonomous solutions. What are they trying to be now?

Walter Piecyk: I think the, the drumbeat is strong ’cause the, the stock is, is now kind of languishing in the, in the low seventies. And clearly the overhang is the risk of autonomy in the future. So they’re really trying to push harder on changing that narrative and, and addressing those concerns of investors. Let’s start with, this tome of a piece that they put out called announcing, I guess Uber autonomous solutions. A lot of stuff that they have talked about before and kind of the value that they believe that they provide, whether it’s insurance programs and mapping data, fleet financing, whatever. I mean, I think we can, we should go through quickly as we can this point by point, but yeah, it, it’s, you know, just more kind of messaging to say that they do have a plan for the future autonomous world. And by the way, haven’t heard them talk about autonomy taking multiple decades to scale. It looks like that little message point has been tucked away. You know, recently.

Grayson Brulte: That message point went away like the McRib because the reading this and reads like a McDonald’s menu. You wanna start in breaking it down here one by one.

Walter Piecyk: The first thing they talk about is train training data. Later in this, in this tome of a piece, Wayve an autonomous company gave a quote saying, Uber’s multisensor and dashcam data across global markets adds critical diversity and complexity to our training accelerating commercialization. So we know Wayve uses training, you know, how much do you think they’re now relying on Uber and said, you know, ads critical diversity, obviously Wayve has their own set of data. How important do you think training data is to autonomous companies?

Grayson Brulte: It’s not as important today as you would think it would be. You asked me five, ten years ago, it was very important. The data that these vehicles are gathering is so specialized, and the problem is when you’re gathering dash cam data, I’m just gonna say it, you have a lot of noise. You have a lot of noise and a lot of things that you don’t necessarily need. So I don’t think it’s necessarily important as it is today. The way that these simulation models have grown and evolved, and if you look at Wayve, the, the tour they’ve done, they’ve gathered quite a tremendous amount of data.

Walter Piecyk: Have to do more work on Uber in, in terms of like, is it just dash cam data or are they seeing, is there, you know, in some cases just some of these drivers have specific data, so we see how they’re actually reacting as opposed to Tesla, which I think has a lot of dash cam data, um, themselves. I’m not sure how much they can pull from the individual drivers, but if this is their number one bullet point. On what Uber autonomous solutions means, then I think, you know, you can’t help but not ignore, a lot of the dash cam data that maybe Tesla has.

Grayson Brulte: Well, don’t forget Tesla has, it’s not really necessarily a driver of behavior. Tesla has all the miles behavior of how the vehicles drive. They have more data than anybody, and we don’t have any. Public stats in this book, it would be fascinating to know what percentage of the data that Tesla gathers that they use to train the model and what percent they throw away. And I’m gonna go out on a limb here. I’m gonna say the number that they throw away is probably larger than most people think.

Walter Piecyk: All right, let’s try and get through these points. The next point that Uber talks about in terms of this, um, this autonomous solutions is data enriched mapping. Basically saying that their DI dynamic geospatial data helps AV partners refine pickups. And I gotta say that this is, I think, legit we’ll get later to some of the. Research notes that were put out there. I think Balaji was pushing the CFO of Uber, was pushing in Jeffrey’s note, very small sample size, but talking about, you know, how the pickups of a human pickup versus a Waymo pickup is different. Although, I will say Grayson, when we were in Austin and we got a human pickup from the Uber driver, the guy picked us up in the middle of the street and the Waymo’s, you know what, I always forget the name of that, that, uh, that rib joint, but Terry Luke’s, or whatever it’s called, but, um, they picked us up in the parking lot. So in our, in our situation, the pickup was better. With that said, I get it. You know, the pickups are, are, are gonna have to be something that’s improved and, and Uber’s claiming that for their autonomous partners, they can help out here.

Grayson Brulte: The restaurants, Terry Black and it became even more famous this week. Secretary Kennedy was there, cook and barbecue, so even, even more famous there. There is a video on X there, the secretary, I like the drop off in Pickoffs when, when I co-chair the autonomous vehicle Task Force City, Beverly Hills. One thing that we focused on was drop off in pickups. And if for companies that are trying to solve that, I will tell you there’s a lot of publicly available free data in the GIS database, mappings of curbs. And it’s really going to come down to the debate of the curb because at the end of the day, the city controls the curb and it’s gonna come down to local city ordinances of how they zone the curb. If you take a city, say San Francisco for example, or Miami for example, and if they start designating drop off in pickup zones, that becomes irrelevant. But today it is a very, very good point because the drop off in pickups are something that that is going to have to be figured out long term.

Walter Piecyk: I mean, the challenge here is , for a Waymo pickup. It’s kinda like the stop signs with, with Tesla FSD, where it’s literally coming to a complete stop where it really doesn’t, shouldn’t have to do that. Um, you know, but in the, in terms of the pickups, like a human driver, an Uber driver, obviously, even if it’s an illegal spot, if they see the, the rider there, they’re gonna actually go and pick up the rider there, where the, where the, where the Waymo is gonna go to a pre-approved spot. So I think, you know, that could just be an enforcement issue,, where you’re, it’s gonna be harder to enforce these Uber, uh, drivers as opposed to what Waymo can do. So maybe even the mapping is not gonna be able to help that. And that will be, you know, if this is something that really bothers people, maybe that that is an advantage that the human driver will have, for some period of time until they can figure this stuff out.

Grayson Brulte: Because here’s the little incentive when, when the city has a budget shortfall, oh, let’s paint the curb. I’ll just use a color purple. Every time the Waymo pulls in that the city gets a check, you watch that get enforced really quickly.

Walter Piecyk: The problem with that is like, that would be great if, if Waymo was willing to pay it, but you know how people are and, and the Uber driver will stop on that purple and there’s no one there to enforce unless they put a camera and like build a license plate. But then we’re getting to true mommy state. The next bullet was, uh, venue and event management. I mean, I guess this is an issue, you know, in dealing with the scale of cars, sending enough cars. Like if you’re at a venue, how many Waymo’s can you send? So that’s data that they’re gonna have regulatory support. I’m not sure how you pay for this. When you’re saying you’re providing this as support, is is like for every autonomous company that, that buys data from Uber, are they basically gonna send their DC people in to make sure that they get approval? Or is this just the, Hey, we’re doing this for the industry and if that’s the case. Let’s say Uber’s working on, uh, governor Hoel to allow autonomy to work there. That’s not gonna just benefit a partner of Uber that’s gonna benefit anyone in auto, in autonomy. It’s not like they’re gonna cut individual deals. Um, at least I would hope not. Um, with these states, it’s just gonna open it up for autonomy in general.

Grayson Brulte: It’s a good thing on the surface. It’s a very good thing that Uber wants to put dollars behind lobbying. Dollars behind advocacy. That is a very, very good thing. The question is, it comes down to the devils and the details. What is it? Is it representing the Uber corporation? Is it representing the interest of partner A? Is it representing partner B? Who is it representing when they go and do this on the surface? Very good. The question is, well, the details, because you can’t let one partner run away with an agenda. While it hurts the rest of the industry, if it’s, if it’s truly bipartisan and it’s truly, yes, we’re all for the industry, it’s great, but only time will tell because as you know, sometimes individual companies have policy agendas and they want to push their particular policy agenda. Sometimes the detriment of the company, but to the benefit of the, sorry, to the detriment of the industry to the benefit of their company. So it’s something that we’re gonna have to watch and see.

Walter Piecyk: Yeah, and like, I mean, like it wouldn’t shock me. To be honest, if Uber joined labor in preventing autonomy in some markets, if this ultimately became a risk. So I don’t know about the regulatory support, how they get monetized for it, and how that’s unique for, you know, for autonomous solutions.

Grayson Brulte: That line is what makes Walter Piecyk Walter Piecyk. That is a very interesting line. And in some ways if Uber decides that autonomy is a risk, yeah, it could happen. Don’t ever rule it out. I I like that contrarian view there. Well done Walter Piecyk. And you know what you’re gonna get for that? You are gonna get ay half for thinking outside the box there. Well done Walter Piecyk.

Walter Piecyk: it’s just my cynicism of spending way too much time in, in, uh, DC and seeing how companies act. Let’s move on to the next one. It’s high up on their bullet points here. Fleet financing. This is part of Uber autonomous solutions that they’re pitching as a thing. This is just using the balance sheet and like. Again, we all know that they’re saying like long term, they’re gonna, you know, financialize REITs, this is stuff that we’ve talked about. I think even before the company has it’s ’cause it’s not rocket science. Right. In the earliest days, um, we’ve talked about this, but like, you know, in the meantime they’re gonna use the balance sheet, right? Yeah. And we agree with Uber that there will be a market for it, um, as there will be a market to finance a lot of the, the fleet management. But, you know, basically saying you’re gonna pay for cars as part of o Uber autonomous solutions. Like, okay, I’m not sure how that’s a truly differentiated.

Grayson Brulte: What goes back to Slim Shady? Do they wanna be in the asset business or do they wanna be in the asset-light business?

Walter Piecyk: Next part of of, um, the Uber autonomous solutions is in-car experience. And you know, there’s T-Mobile bur basically purchased a. An iPad that goes into the back of cars. That’s part of in-car experience. It’s also like having the music on all the stuff that we know Uber and Lyft can do. But let me talk about in-car experience for a second. Grayson, there is no better in-car experience today in Rideshare than Waymo. You get in a car, it drives exactly the same every single time and there’s no risk or safety or different type of driver and I don’t even need to mention it. Everyone knows the issues that that go along with this. So like this one, like honestly in-car experience. Now look Nuro and we ride both. Give a quote then when they’re talking about the value of Uber autonomous solutions. Nuro’s quote was, Uber has done an excellent work designing an in-vehicle experience that will deliver the intuitive in-car interface riders expect. That’s from Chapin. I don’t, I have no idea what that means. I love Nuro. Great, great team. No idea what that quote means. They, they’ve done an excellent work designing an in-vehicle experience. What is your in-vehicle experience in, in Uber like that you’re getting ad served to you in your app that you’re, you know, the music can go on. It’s a, you’re telling the driver not to talk to you. Guess what? When there’s no driver, you don’t have to tell them not to talk to you. We ride’s, quote was also Uber Autonomous Solutions compliments these capabilities by supporting demand generation, rider experience, and customer operations. Again, very generic thing. So explain to me, Grayson, how au as part of in autonomous solutions that the in-car experience is improved with Uber.

Grayson Brulte: It’s not what you described to me as buzzword Alley. Insert your favorite buzzword to go. It’s, it’s not the experience today. Waymo, you said they nailed it, but here’s the other thing that’s not talked a lot about. I mean, you guys at light, she talk about this. When you get into the Waymo, your Spotify’s already synced. It knows where you picked off, and you get in there and you can blast music and have this really great, consistent experience that doesn’t take rocket science to figure out. I don’t know what it truly unlocked. It’s not like they’re putting a team of Walt Disney imagineers in there to figure something out. I, I don’t know what it unlocks every consumer that you and I know you want to get in the vehicle and you want your music to be synced or your audio books to be synced. You don’t want to have to think, eh, that’s what it is at the end of the day.

Walter Piecyk: Okay, so let’s next, next bullet point again, what is Uber Autonomous Solutions complex use cases? I don’t really know how they help here or how is this different than. The other points like complex use cases. I’m just gonna move on to the next one and you can comment on the next two end-to-end support. Basically someone to answer the call bit button. Like okay, we just determined, well actually we didn’t determine, we know that there’s 70 remote drivers. That’s different than when you call support at Waymo. If you’re in the car and then there’s someone there, I mean, okay. Hello ai, and this is exactly the, the market that AI is going to, which is customer support. So what do you have on complex use cases or end-to-end support?

Grayson Brulte: The only thing I could think of.

Walter Piecyk: Speechless.

Grayson Brulte: Pretty much, I was gonna say, um, uh uh, John Legere call John Legere from the former T-Mobile CEO. Let him figure it out. That’s the only thing I could think of with that. I don’t get it.

Walter Piecyk: mean, no, you don’t call John Ledger, you call Google, you call, you know? ’cause Google is who’s helping the telcos with their AI and how to deal with end-to-end support. And it’s not gonna really include humans until that’s, I mean, that’s the last resort. Is really ever talking to a human for any of these companies. And, and frankly, you just, you don’t wanna have to deal with that end support. You want a consistent enough ride that you limit the number of calls altogether. Okay, next, next, again, part of Uber Autonomous Solutions is AV mission control. And I think this is the, really, the meat of it. I don’t know why they buried it so deep in their, in their points on this press release. It’s fleet management. Uh, but this is like, this is the element of it. Like they want a fragmented market of people that own separate fleets and fleet management. Um, so I can see how this is part of Uber autonomous solutions. The question is, do Uber partners actually want this?

Grayson Brulte: Not only do the partners want it, but then where’s the vmo? Where’s move? Where’s Autocar? Where’s all the other companies that were listed in the Q1 2026 supplement? Where are they? Is Uber now saying, wait, we invest in you, but now we’re gonna do this in-house.

Walter Piecyk: I don’t know if they’re doing it in-house, and maybe they’re, they’re tying it up, but they’re basically saying, if you run your own fleet, you know, and you want cars to process through, like, we’re gonna be the ones that do it. Look, we’ve seen it like, you know, we’ve gone, I think to more fleet management centers than anybody. And like if they’re, if they’re working on mission control, you know, is is a VO using this, this mission control in terms of how they’re managing their cars. I’m not sure how that, how that works, but I, I also just don’t think if, if, let’s say I’m a fleet owner, that I necessarily want that additional locking with Uber. Maybe you do, maybe it’s turnkey. It’s gonna depend on cost. I don’t know if that limits your ability to service vehicles on other platforms or, you know, let’s say Waymo wants, you wanna service Waymo as well as Uber, and you’re the fleet owner that’s plugging it into the Waymo One network or whatever. You know, unclear. But to me, with that said, this seems like the meat of what, you know, if I’m a fragmented,, autonomy partner, what could really, Uber could really provide some benefit with.

Grayson Brulte: It could. So you raised the vendor lock-in. That’s a real deal. The question is, what are the terms and then. Looking at some industry standpoint, to me it says, okay, Uber wants to compete with Lyft Flex Drive. They want to compete with move. That’s kind of how I’m, I’m seeing this. They, I think maybe Uber is starting to realize the value of fleet management, but I said this earlier, I’m gonna go back to it again. Will the real Uber please stand up? I thought you wanna be asset light owning and operating depot is not asset light. You have to buy Chargers equipment. It’s not asset light.

Walter Piecyk: think you’re missing the point here. They, they aren’t, this is asset light. They are saying that the value is AV mission control. They’re providing the technology. To allow someone else to do it. So I think that is consistent with what they’re saying in terms of capital intensity. They just wanna be the software. So some other company invest the dollars in getting the power and cleaning the cars, maybe even owning the fleet. They’re just pro providing the software on how to get those cars through the system. That’s the point.

Grayson Brulte: That software is available today, you and I or any individual that wanna do it. You can call trans, you can call very other companies and get off the shelf software with no vendor lock and it’s, it’s readily available.

Walter Piecyk: I don’t think that’s true. I think those companies that you mentioned and others ha Yes. Have bought off the shelf software, have developed it, developed it themselves. I think in some cases these companies are looking for a way to then sell it to other fleet managers, right? So they’re really perfecting it ’cause they live and breathe it every day. Um, so the question is, as this market proliferates, is someone gonna rely on Uber for their fleet management software for this AV mission control, as they call it? A third party or just build it on their own.

Grayson Brulte: If you look at ai, look at, philanthropic, Opus 4.6, or Gemeni 3.1 Pro. Why don’t build your own dashboard? You go on X, you can see the dashboards people are building. It’s not hard to build a dashboard. So I don’t really see the big competitive mo there.

Walter Piecyk: You may be right, but again, when, if I think about what they’ve kind of laid out here on Uber autonomous solutions, this has the potential for having the most meet. Let’s move on to the next bullet point in this release, which is remote assistance. I don’t even know why this is a separate point. Like isn’t that the same as end-to-end support? I mean, I almost feel like I’m writing a, a research paper when I’m in fifth grade and I’m like adding additional paragraphs, which is just a replication of like, that’s, how’s that not end-to-end support remote assistance. We already talked about that. Let’s move on to the last one. AV insurance, you know, as a thing. I don’t know. I guess what they’re saying is like Uber has, has negotiated all these insurance things for their drivers. I think already today some of their fleet partners have done a better job or at securing their own insurance, insurance for their own drivers and their own fleets. So I’m not sure they need help with this. And I know that you’ve spent, you spent a lot of time in, in talking to the insurance, industry. , Where do you rank this in terms of one of the opportunities that Uber has to kind of get lock in through Uber autonomous solutions?

Grayson Brulte: Of all the things we discussed is the most important one, hands down, because depending, we don’t have any publicly available data. So this is all based on assumptions, depending on the way the policy, if you wanna say that the captive is built, Uber because of their, their balance sheet and their financial resources could go out, hire an Aon or hire a marsh to go out to the market, uh, STARR for example, STARR insurance has Waymo, um, and build a program where those rates can, can go dramatically down. And then, and then reinsure some of that risk and allow, let’s call it, I’m gonna call it wall autonomy robotaxi, to get the insurance that you wouldn’t be able to get for a price that you can afford to do it. So depending on how it’s structured, it’s potentially a very, very big, very, very big disruptive move.

Walter Piecyk: So after going through every one of these points, I am going to summarize this and say, what is Uber Autonomous Solutions is, okay. We have this training data to help you your, you know, your actual product work better. Seems like it’s supplementary, not reliant. We got mapping to, to make and to make the car actually drop you off at a pretty important thing. I think they got, you know, the in-car experience. Honestly, that’s a throwaway in my view, the mission control. I think there’s meat on this. You’re a little bit more skeptical. How do you as a fleet manager or as an autonomous company, manage all these things, AV insurance. And then lastly, um, I think financing. I think it, it’s basically those are the, are the major pie pieces in what autonomy is. This is stuff we assume that they were already giving to these to nor, and we ride anyway, right? They’re, they’re just effectively formalizing this in their name.

Grayson Brulte: Do you think they’re formalizing it and, and putting out this release? Then going on the podcast circuit again to try and alleviate some of the fears that have been emerging on Wall Street against their autonomy strategy.

Walter Piecyk: I mean, obviously that’s, that’s what we led with the stocks languishing in the seventies. The primary concern. Now, people aren’t like asking about like, how Uber Eats is gonna perform next quarter. It’s, it’s the overhang of autonomy and in terms of going out on the circuit, you know, that brings us to our next segment, which is the new CFO, uh, Balaji, who we’ve known, we’ve known for some period of time, took a group of analysts back out to Abu Dhabi, met with the CEO of, we ride their partner there. They have a fleet partner in Tawasul , I think is how you pronounce it. I guess they’re gonna, they’re gonna see Baidu, um, you know, Baidu there. So a lot of Chinese companies clearly, you know, not shy about pushing Chinese technology. Let’s just start there again, going with re Reride and Baidu. Do you think there’s any risk that they’re gonna catch, um, some flack back at home? Um, you know, for, again, partnering with these companies in some of these markets and not focusing on how you’re bringing autonomy to the United States and Western America?

Grayson Brulte: I think there’s gonna be a tremendous blowback. I’m looking to see if what happens next week if, if all the speculation holds true and Deep Seq releases the R two model, which was apparently, I used to use, apparently not trade on Nvidia chips. That’s gonna obviously get a statement from the White House and possibly the Commerce Department. Then if you just look at politics, they’re gonna keep digging. And to me it’s a risk because it takes one tweet from, or sorry, one truth post from the President to blow up their entire, entire model about this. It’s a very big risk, especially when you have a president and an administration that is very active on social media, and as you and I have seen a post from the president or a cabinet secretary as we had today from the Secretary of War Hegseth about anthropic, it can move markets and redefine businesses. So it, it, it, it, it just has the potential to light up like a powder keg.

Walter Piecyk: I mean, let’s just look at the Senate hearing with Waymo and, and. Effectively admitting that some of these remote, um, driver assistances, you know, were in the Philippines and like, you know, and it’s just, you wanna make things as easy as possible. There’s still are. Like, we have the governor of New York that’s keeping autonomy outta New York. Let’s keep our hurdles to a minimum. Obviously fine to have these relationships. That’s an important part of the building blocks of their international strategy. But to be profiling it, I don’t know. I just think there’s, there’s some risk there. Now let’s, let’s look at the meat of those meetings because Bellagio was tweeting out research reports. Um, hopefully they, no one ever tweets art reports out. These are meant for clients only. Anyway, um, they talked about, we ride, talked about tens of cars autonomously and a hundred, I think with human assistance included. I don’t know what that means with human. Does that mean there there was someone actually driving the car? Is that in the safety seat? Does that mean that that was the remote driver? Like. And are we supposed to be like fired up about tens, tens of cars? Because all the feedback we get about Tesla in Austin with tens of cars is, is, has not what I would be, what I would call positive, um, from investors in general, but here tens of cars is we’re supposed to be thrilled about in, you know, for we ride that. I think last week we, we were heard, you know, on, on some podcasts is allegedly equal to where Waymo is in the market today.

Grayson Brulte: I put the inspector hat on here because. When we saw the multitude of press releases coming out of the UAE in Saudi Arabia, I said, okay, let’s take the inspector hat and, and let’s go over to Saudi Arabia into the UAE and let’s find out what’s going on there. And so prepping for my trip, which is not happening, and I’ll get to the reason why it’s not happening. I went through all the SEC filings, I went through the press releases and, and you gotta love stuff. ’cause when the inspector gets the magnifying glass out, I find stuff all the way. At the bottom of the press is in the light gray font vehicles with safety drivers, both with the Baidu RT six and with the Rees. And then, so I dive further into it and I find out the zones that they’re operating in. They’re operating primarily in tourist zones. The, the interesting thing and the reason why I’m not going, the, the, that part of the world is currently celebrating Ramadan and there there is lighter traffic. So if find it very interesting that you’re hosting analysts at a time. In that part of the Middle East, in that part of the world, in the UAE, where there is less traffic at this time just because of their, their religion and their holidays. I find it very interesting.

Walter Piecyk: I think that’s completely coincidental. It’s just you have to get earnings. It’s when people have free time on their schedule. So I would, I would put that aside. I don’t think there’s any issue there, but let’s, let’s go on to the next thing, which is, you know, one thing I didn’t see in any of these reports, doesn’t mean it wasn’t addressed, but I think a critical thing on the heels of those great numbers that Waymo put out last week, 3000 cars, I think it was 70 safety atte attendants. So we just talked about a hundred with human assistance. In the tens of cars that are driven autonomously, what’s the ratio of remote driver assistance and what is the role of those driver assistance? Do they have, are they driving, you know, with a wheel or is it the way Waymo has it where it’s just telling the car what to do and the car is are under control? You have the CEO of we ride. Those are probably the questions you want to ask them. Maybe they weren’t answered, didn’t, didn’t see it addressed. I obviously responded on Twitter. You know, maybe, maybe we will get a response from Balaji or someone else.

Grayson Brulte: Hopefully, I think as you and I have talked about and I’ve written about in certain companies, we, there’s a lack of true understanding of how these are going and we need benchmarks. It, it would be really great if all companies agree to a standard benchmark. Walt, autonomy, Grayson autonomy. You publicly disclose these metrics and let the market decide. I think that would be a really good way, uh, to figure this out because until we get true transparency from all companies, we don’t really know.

Walter Piecyk: Maybe, but Waymo just blew away any concept of a benchmark that I had. I thought it was gonna be like, you know, we started 10 to one, 20 to one. I mean, their ratio is so off the charts, um, until someone else gives me data. In my view, Waymo is in a league of their own in terms of true autonomy. So, you know, I think it’s incumbent upon every other autonomy company to provide that data. ‘Cause right now that that is, that is such a strong point for where Whamo is in the market, that, um, it’s a shame that that data didn’t come out. Balaji, I think, tweeted another thing. You can, you know, find it on Twitter if you’re, if you’re looking for this stuff, there was another report. That was pushing that Uber’s building the API with highly sophisticated physical and digital components, and that Uber software underpins the entire servicing of the vehicle to ensure efficiency for utilization. I think this is what we just talked about in the Uber autonomous solution, which is why I think that is the meat of, I think the, the new messaging or the, you know, I won’t wanna call it new, but the messaging now in terms of autonomy that, you know, when we have this fragmented market, Uber’s gonna be the critical API that gives you that software, even how to manage your fleet, not just providing you the demand, not just providing you the training data, but how to manage the fleet.

Grayson Brulte: It’s interesting. It’s interesting. But if you, the, the two biggest companies, and you’re right, Waymo is in a league of the world. That was a great movie by the way. Tom Hanks was wonderful in that they’re, Waymo is not going to go to Uber for services. First of all, they have alphabets balance sheet and they, they’re building an all in house. And then you have Tesla that’s, that’s building it all in house. And when Robbo taxi scales, I don’t know, but at some point they are gonna scale and then do, does Uber just act as the Hoover vacuum cleaner and, and, and vacuum up all the other parts and try and put it in the ecosystem. So you wanna say form a third so you get your big three.

Walter Piecyk: Yes, absolutely. Of course, that that’s the whole point, right? That is the whole point that if Waymo is not there as your partner, if Tesla’s not there as your partner, that you can provide this fleet management service to these third parties. So I get it. And again, that’s why I said that. I thought that was the meat of. Uber autonomous solutions. This, this analyst, I said, you know, I guess in the report claimed this is underappreciated for any of our longtime listeners. Ain’t underappreciated here. We’ve been talking about it for however many episodes that we have. And we’ve actually gone to, to, you know, these places like Avomo again, we’ve looked at Avomo we’ve looked at the ones in la I can’t remember all the different, you know, partners that they have. I can’t say that these things are working like a fine oil machine and let’s, you know, give a shout out to Lyft, you know, but part of what Lyft wants to do with Flex Drive, again, we’re not gonna know until towards the end of this year, is to run a very efficient machine. So, I don’t know, maybe this is in response because they’ve been getting inbounds of like, Hey, Lyft is really talking up Flex Drive and how they’re gonna be much more efficient. And this is the Uber’s response. Like, Hey, just ignore Avomo and everything else that we’ve dealt with. We are gonna have these, these API or whatever it is to make fleet management better. We’ll be watching super fragmented market. I think we’ve had more conversations with all the fragmented players than anybody. Not sure that people are eager to hop on using Uber software, but we’ll see.

Grayson Brulte: And here’s an interesting tidbit to put into that. When Jeremy Bird, EVP of Growth at Lyft came on the road to Tommy Podcast, I asked him point blank, and you can go listen to the episode. I said, at some point, could Lyft just have a partner to use Flex Drive and not lift? And he and his exact words were possibly, so the door is open, that lift could truly scale Flex Drive. And then that gets really interesting there as well.

Walter Piecyk: Sure. I mean, I’ve talked about that before. It’s like, hey, that’s a business on to its own. That as we’ve seen in the telco land, you know, you’ve got massive REITs in American Tower and, and others. , That, that, that there’s a big business to that. It’s gonna take a while. Right. And there’s gonna be a lot of early investments. There’s gonna be some failures, there’s gonna be some rollups, but. And then, you know, again, I fully appreciate what Uber is trying to do. It’s great. We’ll, but you know, we’ll, we’ll be here every week with the data points. ’cause as we meet and talk to these people, like, how’s, you know, are you using this software? What role does that play? Let’s move on to the, to the next, the next report, which I think is unrelated, , to what was happening in, in, uh, Abu Dhabi. And another report that, that again put out there by the CFO of the company. Um, I guess that a broker went and, and did 34 trips in Austin. I mean, put that in context in there. Our buddy David Moss, who we, who was on, was on the podcast, did a few more rises than that., There’s bar graphs of pickup times and this, that, and the other thing. I mean, I mean, look 34 as, as your sample size in, you know, February of 26 when supply is admittedly. Um, low, like the question just is like, what do pickup times now, you know, mean for what pickup times are gonna be five years from now, three years from now, six months from now? So, and, and at the end of the day, stocks are about future, not the past. It’s not the current state of what, what we’re going. So great bar, bar charts, and we’ll see how those bar charts, you know, change over time.

Grayson Brulte: But don’t you find it interesting that this analyst or broker chose to go to Austin where you couldn’t do a side-by-side comparison? Since Waymo was only available on Uber, shouldn’t have. They’ve gone to say LA or San Francisco. And done a true side by side comparison. I say that because, uh, about six months ago the San Francisco Standard did a side by side comparison where they put two reporters going, going, you know, starting at this destination to go to this destination for multiple times throughout the city. And it was really interesting data ’cause you were able to really compare everything.

Walter Piecyk: I mean, look, I’m sure they’re, they’re there because of robotaxi and wanting to get experienced that, but, um, and I appreciate the work, like this is the type of, you’d rather have this work being done than not. So I, I definitely applaud, um, them for doing it. But just let’s put some context on it. Bellagio calls this initial lty, this is the initial, once the initial novelty of autonomy wears off, like getting a pickup in three minutes versus seven minutes. Like, I, I, look, I’m just gonna say I fundamentally disagree with this concept that this is a novelty to take autonomy. I’ve heard this on podcast. Oh, I like, you know, my wife likes getting in a car and being able to talk to a driver, like, okay, there may be people out there that wanna do this, but like, at the end, end of the day, like. My belief in autonomy is that it is safer, it is consistent, and it is a preferred experience that someone’s gonna want. And you know, like I look at rides and if it’s like five minutes versus seven minutes, like are you really just picking the five minutes? If that’s the case? And again, how long is that differential going to exist when more supply hit this market? Not in decades, right? Not in decades. Maybe not in months, but certainly within the, you know, the investment horizon.

Grayson Brulte: It’s coming sooner than I think most individuals understand. And look, we got the proof point Waymo, $16 billion round that the vehicle’s coming from Hyundai. And the consumers I talk to, Uber’s not gonna want to hear this. They’ll, they will wait that extra time because especially when the older fear of driver. When you speak to individuals that are 75, 76, 70 and older, fear of driver is a big thing and they say they will gladly wait. I mean, they have time to wait, so let’s, let’s get that straight, but they’ll gladly wait ’cause fear of driver. To me, I want that consistent experience. I know what I’m getting every single time, and that’s why I do it.

Walter Piecyk: And the last part of this, I think, report that was, that was highlighted. It, it, it, I think, referred to another report, which we don’t have access to, but just said there’s no cost advantage of autonomy to and to, to a human drive. I’m like, I have no idea what to even say about this. I mean, I honestly, until I see the assumptions. I can only assume they’re using like a JAG price at 250,000 in amortizing. I don’t know, but like, come on, autonomy at scale. No human, lower insurance, higher utilization, like even Uber themselves. Going back to the IPO, when you talk about the future benefit of, of autonomy specifically talked about cost values, when you think about the Uber bull case, it’s about cost coming down enabled by autonomy in order to get the share of, of miles to whatever it is, 30% of total miles. So to, to say that there’s like no cost advantage to autonomy. Like again, don’t, haven’t seen all the details. Maybe I’m taking this outta context, but like I’m speechless on that one.

Grayson Brulte: I have no response because I’m following your lead on that one. Let, let’s move on to the league of our own Waymo. They had a big week. Another big week they announced two new cities, Chicago. Charlotte and the mayor of Charlotte come out really being supporting it. No surprise here. Crickets from Chicago elected officials, but they’re clearly scaling.

Walter Piecyk: Right. So let’s get all, you know, let’s talk Waymo. This is now with this announcement, Chicago and Charlotte, 32 markets. Now three of these are not in the top 50. And, and the context there is, this is New Orleans, Buffalo and Truckee, California. Uh, and the reason they, those three, you know, were, were talked about ’cause those are harsher weather conditions, obviously Buffalo. I’m not sure what the harsher weather, weather conditions are in New Orleans. I guess a lot of rain maybe, but, so it’s really, you know, Waymo is now 29 in the top 50, and then you got some, you know, tough markets. , You know, so that’s pretty, pretty solid. Obviously they need more volume there. Let’s look at the top three markets that haven’t been announced yet. Riverside, California. I don’t know. I’m gonna may put that as a prediction. I’m saying that’s gonna happen soon. We’ll say, um, they’ve already gotten parts of Riverside already approved by regulators, so that seems like the next one. Um, Portland. And, you know, I’m not sure why you’d wanna go to Portland, but you know, given some of the regulatory issues they have there. And then Cincinnati, what’s your prediction for the next market for Waymo to announce?

Grayson Brulte: Based on that list, Portland. Why? Yes. Very simple. Waymo has lobbyists and there’s public records and the amount of money they’ve been spent lobbying and, and meeting with elected officials there to push it in there. Waymo is eyeing Portland, and you can go look at all the, the public lobbying disclosures for that.

Walter Piecyk: Look, maybe, maybe I’m wrong, but seems to me that Portland would feel like a city that would not want autonomy there. I hope I’m wrong and my apologies to anyone from Portland if I’ve under underestimated your ability to accept technology, um, given the yolk that we live under in New York.

Grayson Brulte: I saw the, the filings just like, oh boy, that’s what I’ll say. And then it, it follows what’s happening in Seattle. Oh boy. It just seems, and I don’t know why this happens, Waymo seems to have an appetite for punishment of going to places where regulators don’t want them. Boston, Portland New, New York, Seattle. Like, oh, oh, then. Then what’s happening now, there’s a bill pending in the Colorado State House to ban autonomous vehicles and autonomous trucks. It’s like, oh, oh, here we go again.

Walter Piecyk: So that’s what they’re feeding at the top of the funnel. At the bottom of the funnel. They, uh, Waymo also announced that they have now opened Dallas, Houston, uh, San Antonio and Orlando to early Rider. So that brings the, the count to 10 markets. If we, if we’re counting these early riders, which is probably just, you know, limited improvement. Um, so that’s 10 active in 22 in, in the pre-commercial stage. It’s did you notice about the, the, the, the markets that are now launched to early riders?

Grayson Brulte: great regulatory environments. I mean, that’s a great regulatory environment. Also, population. Individuals leaving, fleeing California, going to Texas and Florida. So that’s, you put in Orlando, you put in Miami, you put in Houston, you put in Dallas, individuals leaving California. That’s the the big trend. I know there. I did notice two really interesting things. One, when Waymo released the map for Orlando, you can go to Universal Studios and on the amusement park blog people are all up in arms of where the the Waymo’s gonna go. That’s a whole interesting conversation on red. If you wanna follow that, then you can’t go to Mickey Mouse’s house. Nope, can’t go to kiss me. Kiss me’s not in the ODD. And the other thing is Waymo removed Tampa from the official launch map. First time I noticed that. That was very interesting.

Walter Piecyk: Those are all interesting data points, but I just teed you up ’cause I know you, you liked it to, to highlight the waning relationship between Uber and Waymo. The one thing I noticed on those five markets is we continue to progress forward here, and they still haven’t announced Uber as the partner. Now, in the past I’ve said we could wake up one day and like, you know, boom, they’ve, they’ve got a, a blanket agreement in five new markets. But the fact of the matter is there’s, you know, additional markets are continually getting added again. There’s another couple, um, and Uber was not in the announcements. I don’t know, do we, do we get any fleet management? Do we know who the fleet management partners are in each of those markets?

Grayson Brulte: No fleet management. No, but it just goes to the relationship and I, and I want to go back to the early days when Austin was announced initially, and they were gonna test only available on Uber. It was in the original press release. When Atlanta was announced only on Uber in the original press release, and if you look at the graphic that Waymo put up, I believe was on the Waymo blog or the the Waypoint, or it might’ve been on X, but Waymo put out a graphic today, all of the Waymo one markets on top and very small at the bottom. The Uber markets, that was interesting and they didn’t divide, they put a little text there, only an Uber, but they didn’t highlight or emphasize it.

Walter Piecyk: But in these markets that they just announced to early riders, they didn’t emphasize only on Waymo, did they? So it’s, it’s almost like it’s a, like, it’s a bygone thing. Like of course they’re not on Uber. Right. That’s what it feels like, that we’re already past that point. Um, and again, based on the way Uber’s talking, it just seems like, I think even though I’ve, I’ve kept open to this that maybe you were end up being right. That that relationship is, is just as long as these two CEOs are in place, is probably not adding additional markets. I’m still hopeful Uber can sign some new markets. But I’m gonna, I’m gonna give you the clappy hat, tip my hat to you on this one. It looks like you continue to be right on that one, Grayson.

Grayson Brulte: Thank you not to be a persnickety person. ’cause you know we’re gonna get a comment about this. There’s three CEOs, Walter Piecyk, ’cause Waymo has co-CEOs. I just don’t want you to get called out in the comments now.

Walter Piecyk: What do you mean? I, I talked about the two CEOs I was talking about Waymo, the two of the co-CEOs. I wasn’t even referencing Uber. They weren’t. They like these new markets that were announced were not even in the conversation anyway. So let’s go to what other data that Waymo announced. , 1 million fully autonomous freeway miles. Let’s put context on that. ’cause they said they’ve already driven over 200 million fully autonomous miles. That’s, so it’s 200 million total, which is, they doubled that number in eight months. So, incredible acceleration we’ve taught, that literally defines the inflection point, which is why we’ve been doing this podcast so regularly. The weekly data points that’s showing this inflection doubled in eight months. But to, but to highlight that, only a million, I mean a million’s, a good big number, don’t get me wrong, but only a million on the freeway. So again, we get back to this like, you know, so this report’s talking about, you know, um, the current situation in Austin or whatever it is, they haven’t really even unleashed autonomous, they haven’t unleashed, um, you know, airport pickups in the locations where you’d actually wanna do it. This is literally the first data point that Waymo has ever provided on, um, freeway miles. It’s something that even less than a year ago, we, at least I was, you weren’t, we’re questioning is there an issue with the highway? What, what’s taking so long with the highway? Why when they open LA does it take me 30 minutes from getting point to point? Like, we’re still at the early points of, I think what we’ve really seen that Waymo can do in an individual market.

Grayson Brulte: Waymo’s maturing as a company. Technology solved. It’s correct. They’ve, they’ve solved it. And to Waymo, just to thank you from me and from Walter Piecyk and from the industry, thanks for sharing numbers with us. It, it truly validates what we believe and what the rest of the industry believes. So thank you for sharing those numbers with us. Can you imagine Walter Piecyk at this, at this trajectory that Waymo’s going, when they get to full operational scale in these markets, the impact that they’re gonna have, then that’s when Uber and Lyft are gonna have a real big problem.

Walter Piecyk: Grayson, a lot of the questions I get is, is again, especially since Uber is literally in Abu Dhabi, it’s like, you know, okay fine the US Waymo, but what, you know, internationally, they gotta go up against these, you know, the Chinese vendors in, at least in some of the markets. This is gonna be so much harder. Let’s not forget Waymo is planning on being in London in 2026. They already have a road trip. And I think you put your inspector hat on and and found some additional notes in Europe. Waymo surprise. Surprise is not just a US story. Talk to us Grayson.

Grayson Brulte: Waymo has grand ambitions to go and expand into the EU Waymo. On January 13th, 2026, met with Mark Nichols, the European Commission’s head of for the internal market. What did they discuss? That meeting? Self-driving vehicles and the EU individual approval scheme. Why is that so important? Because the Waymo vehicles are modified, and so in order to go into the EU with the modified vehicles, they have to go through a type certification. You say, well, how do they do that? Waymo has a partnership with TU suit. Tu suit is recognized by the European Union. The European Commission as a safety auditor. TU can quote, unquote certify the vehicles for each one that comes in, and then these vehicles have to be done in batches. Well then where does, where does the next partner come in? Move. Move, can register all the VIN numbers, do all the safe things for eu, and Waymo has the ability to scale. It’s really brilliant. And oh, by the way, move now has a very big office in London, and furthermore, the inspector also uncovered on Waymo’s job postings. So. Waymo was hiring a regulatory counsel and when you read, the requirements must be emitted in the eu. It must be proficient in the EU laws and regulations pertaining to autonomous vehicles. The writings on the wall. Waymo’s go into the EU and I’ll make a prediction. Walter Piecyk First City Waymo does a road trip in, in the EU will be Paris.

Walter Piecyk: So there, and so there’s your answer for the, for those asking about, you know, what about the international market? Um, well it’s, it’s brewing. The storm is a brewing and we’ll probably get data points on that, you know, throughout 2026. Well, hopefully we can see, you know, Waymo and Abu Dhabi and, and then we can see them up against WeRide. That would be nice to see. Meanwhile, internationally, . Wayve, the capital markets are flowing. Sam Altman gets $110 billion check Wayve, gets a $1.2 billion check in a serious valuation. And the, and the valuation they put on this thing is 8.6 billion. So congrats to the Wayve team for getting a nice sizable check and a nice sizable valuation.

Grayson Brulte: , to Alex. Well done sir. It’s validating the thesis that you turned into a company and the interesting kicker in that round Walter Piecyk, it can scale to 1.5 billion. Uber is willing to commit an additional 300 million if certain milestones are met. So you take that and combine with a billion. They raised a few years to go from SoftBank and around 2.2 billion. They’ve got capital to scale a big business.

Walter Piecyk: So just for context, for our, for our listeners, , like what is 1.2 to 8 6, 1 0.2 valuation, 1.2 billion of new money and an 8.6 billion valuation, how does that compare to some of the other, um, recent financing? So, Nuro. Kind of split it up between April and August and, and raised 200 million at a $6 billion valuation. By the way, between April and au August, there was no step up. That was, I think a Series E can’t recall exactly. Not sure why Wayve gets that much more or higher evaluation, but so big good for them. Nuro had, you know, traditional institutions, Wayve had the SoftBank, automakers, Nvidia, Uber, you know, I don’t know. I think sometimes I’d rather see financial institutions validating, , you know, the valuations rather than like SoftBank and automakers. Um, but, but again, good number, uh, that Wayve was able to secure. Um, we also have implied intuition that raised in June of last year, 600 million at a $15 billion valuation. Definitely one of those companies that seems to be flying under the radar. It’s a $15 billion valuation relative to 8.6 for Wayve, um, BlackRock and Kleiner being, um, part of that. And then Waabi. , Did a recent deal, I think valued valuing the company at, at uh, 3 billion. So just, just to give you some context on where Wayves getting marketed or where, where Wayves getting valued in the private markets.

Grayson Brulte: I said this before and I said an interview with Forbes last week that applied Intuition is the most interesting company in autonomy and when you take your BlackRock and your institutional investors that went in there, it’s clearly validating what we see there in the Wayve announcement. There’s a few interesting things that stood out to me. So you mentioned the, the OEMs, they were Stelantis and Nissan. To me that’s interesting because what is, four months ago, three months ago we, we got a press release where Nvidia, Stelantis and Uber teamed up to build a and Foxconn, can’t forget Foxconn, to build and launch autonomous vehicle service in Europe. No autonomous driving partner, but all the partners minus Foxconn just invested in Wayve. I know I’m trying to connect the dots here, but there’s a real possibility that Wayve could be the partner for that program.

Walter Piecyk: I’m just, just personally not a huge fan of having OEMs, um, be part of your rounds for technology companies. Let’s get traditional investors in this thing. Gives us more optionality. Who knows what the tie in is to these companies? Who knows if that limits other OEMs or whoever their willingness to deal with it. Not, you know, not my preferred money, but look, money, money, one, money’s money. 1.2 is, is a great number. And, and hopefully there’ll be ano another round at a, at a higher valuation for them, maybe in the public markets, and we’ll see True valuations as you know, you know, when we hit the public markets, , you know, in terms of how they treat these investors.

Grayson Brulte: We’ll see. And another, uh, two points that stood out as, as part of the release they Uber announced with Wayve, they’re gonna launch in 10 markets with London being the first market in 2026. And the other thing is Uber is going to own and operate the Wayve fleet. That was interesting. We don’t know who the OEM is, but they’re gonna own and operate the Wayve Fleet.

Walter Piecyk: Yeah, I’m not surprised and like, again, this is part of the early strategy. I’m sure they’ll say that they’ll be able to off play them, which I think they would be if, if Wayve is successful. But you know, Uber kind of stepping up for key partners and certainly being on the same cap table with Nvidia is never a bad thing. Speaking of Nvidia, um, they had some news for us this week as well.

Grayson Brulte: Nvidia, according to their CFO, physical AI contributed $6 billion in earnings to NVIDIA in the last quarter. That’s impressive. The CFO is talking out there very publicly on the earnings call that robotaxis are gonna be a major, major growth market for Nvidia, which, you know this, when Jensen puts you on a slide or Jensen talks, the market listens.

Walter Piecyk: I saw, I don’t know if there was a, I think I don’t, I think it was the CFO Colette Kress from Nvidia that was quoted as saying that, um, autonomy is expected to scale from thousands of vehicles in 2025, um, to millions over the next decade. Now, I checked the transcript or the note, she said decade, singular, not decades, millions in a decade. And we’ve already talked about the math of what even a couple hundred thousand cars, um, would do in the us. I thought that was interesting that NVIDIA’s that bullish on the number of cars that can hit the market over the next 10 years.

Grayson Brulte: It’s a positive, positive sign. And the, the interesting thing is everything seems to be getting rebranded physical AI these days, which, which Nvidia loves ’cause they’re gonna sell more chips. When do we get to the point where a robotaxi company just says, okay, we’re a physical AI company. Oh by the way, we’re also gonna make humanoids. When’s that coming?

Walter Piecyk: I mean, it already happens at Tesla, right? They wanna do, you know, optimists. And I think there’s obviously, uh, tremendous crossover. And they’ve talked about, um, you know, the benefits that, that they cross over from there. So, you know, I don’t know, soon, I guess.

Grayson Brulte: We will get some data points. BMW announced this week that they’re gonna start putting humanoids in the factory in Germany. Hyundai we know is gonna put ’em by 2028, the Boston Dynamics, so that market’s really shaping up. It’s something that we haven’t covered here a lot, but it’s something I think over time we should start to add more content to well, that’s humanoids, I gotta tell you. Walter Piecyk the time flies by when, when we’re having fun and I’m looking at the clock, I’m like, holy wowzer. Well, I’ll give you the old Phil Rizzuto. Holy cow. We’re almost at an hour here. So we’ve got a lot of segments where we’re gonna save those for next week, and we can dive into ’em fresh. I wanna wrap up here really quick with a quick boom, boom, boom here on the Foreign autonomous. Some interesting things, autotech. A new Chinese autonomous trucking company is now operating autonomous trucks. In Dubai and Singapore’s largest taxi operator is looking to expand into London and operate Roboto Taxi. So we gotta watch the London market, and as we watch the London market, what do we need to watch from the atomic markets next week?

Walter Piecyk: A lot of conferences. Apple’s got a meeting, I’m sure they’re gonna say stuff. I’ll be out in the uk. Um, maybe I’ll look for, for some autonomy in, in the UK while I’m there. Um, busy week, but you know, I’m feeling like we’re gonna get more announcements outta Waymo and always looking for updates. Um, out of, out of, uh, Austin and Tesla, I’ve been seeing a lot more posts about cyber cabs, so hoping to see more of those on the road in in Austin.

Grayson Brulte: a lot more vehicles on the road and we can’t wait to see what photos you uncover. And then when you’re in London, get a Sherlock Holmes hat ’cause you gotta get a matching hat to match with me. The future is bright, the future is autonomous. The future is physical AI, Walt, Until next week.