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When Uber X came into the market in 2014, “it was almost unfathomable to even think that a non-licensed provider” could operate in Philadelphia, said Everett Abitbol, owner of the Freedom cab-dispatching service.Freedom and PHL Taxi will combine their dispatching and management services with the region’s biggest cab-dispatching and management company, 215-GET-A-CAB, owned by Alex Friedman and his family.What the industry could have done was invest in technology to match Uber’s and Lyft’s, but by then, “our industry was facing a liquidity crisis. Six months later, with Uber X in the market, they had fallen to 0,000 and were running at about ,000 by last summer.
“It has already invigorated our driver base for them to see we’re putting money in,” Abitbol said.
unveiled license-plate-sized hardware Tuesday that harnesses the equivalent of 100 servers in a data center, which it hopes to use to advance self-driving taxis. Currently the global ride-hailing market is about billion, with the overall global taxi market topping 8 billion, according to a Goldman Sachs estimate.
The hardware, dubbed Nvidia Drive PX Pegasus, specifically targets the self-driving taxi industry, where private firms such as Uber Technologies Inc. By 2030, Goldman predicts the global ride-hailing industry will grow to 5 billion.
The Drive PX platform currently boasts 225 partners, more than 25 of which are working on self-driving taxis.
Other tech titans, such as the Waymo unit of Alphabet Inc.Pegasus marks a ten-fold improvement over its predecessor and will tackle what’s known in industry jargon as “level five” vehicles — those that are entirely autonomous and do not have steering wheels, pedals or mirrors, Nvidia senior director of automotive Danny Shapiro said.