Uber reported third-quarter revenue of $14.8 billion, up 10% from a year earlier — and an unusual detail about AI agents.
The numbers
- Gross bookings: $59.8 billion, up 20% on a constant-currency basis.
- Operating income: $1.4 billion.
- Net income attributable to shareholders: $512 million, including a $476 million pre-tax loss related to equity investments.
Driverless targets
Uber expects about 700 fully driverless vehicles on its platform by the end of 2026, and is targeting more than 2,000 in 2027. These are targets, not completed numbers.
AI agents: "very, very early"
On the earnings call, CFO Balaji Krishnamurthy said Uber's rides business fulfilled just four trips booked by third-party AI agents in the quarter. Uber Eats handled about 500 agent-placed orders during Halloween week — out of roughly 320 million trips and deliveries a week. He described agent demand as "very, very early and very limited."
Why it matters
Many technology companies expect AI agents to book services on people's behalf. Uber's numbers are a reminder that, for now, almost all customers still use apps directly.
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