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Uber Expands AI Services, Boosts Efficiency for Businesses Globally
ByAinvest
Friday, Jun 20, 2025 10:07 am ET1min read
Uber Technologies has unveiled an expanded AI services platform, Uber AI Solutions, to enhance support for AI labs and businesses globally. The platform offers tailored data solutions, global digital task networks, and advanced tools to streamline AI model development and testing. Analysts forecast an average target price of $96.65, with a high estimate of $115 and a low estimate of $76. The average target implies an upside of 15.83% from the current price of $83.44.
Uber Technologies, Inc. (UBER) has announced a significant expansion of its AI data services division, AI Solutions, to support AI labs and businesses worldwide. The company has launched AI Solutions in 30 countries, offering custom data tools, global digital task networks, and resources to accelerate AI model development and testing [1].The new platform includes ready-to-use and custom datasets to train AI models, as well as AI agent training with realistic workflows, multilingual data, and high-quality annotations. Uber aims to be the human intelligence layer for AI, with plans for a simple, AI-powered interface to manage data tasks [1].
Uber AI Solutions head Megha Yethadka stated, "We're bringing together Uber's platform, people, and AI systems to help other organizations build smarter AI more quickly" [2]. The company also introduced a new foundry to train large AI models using custom-collected datasets, including audio, video, image, and text [2].
The expansion comes as Uber shares rose about 1.5% at the opening bell on Friday, up roughly 40% this year [2]. Analysts forecast an average target price of $96.65, with a high estimate of $115 and a low estimate of $76, implying an upside of 15.83% from the current price of $83.44 [3].
References:
[1] https://www.nasdaq.com/articles/uber-expands-ai-solutions-globally-new-tools-data-services
[2] https://finance.yahoo.com/news/uber-expands-ai-solutions-business-133141241.html
[3] https://www.morningstar.com/news/business-wire/20250619367653/helmai-announces-level-3-urban-perception-system-with-iso-26262-components
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