Reported 4 days ago
Billionaires are increasingly investing in Uber Technologies, which has evolved into a robust cash flow generator and is seen as a key player in the artificial intelligence and autonomous vehicles sectors. Under CEO Dara Khosrowshahi, Uber has improved its operations and profitability, generating nearly $10 billion in profits in 2024 and significantly increasing free cash flow. With partnerships in the autonomous vehicle space, the company is well-positioned to capitalize on future growth opportunities despite regulatory challenges.
Source: YAHOO