Seeking Alpha’s roundup of statements, announcements and remarks that could impact the technology sector.
- Amazon’s (NASDAQ:AMZN) Zoox robotaxi service has launched in Las Vegas.
In a post on its website, Zoox said it was offering free rides through its app in and around the Las Vegas Strip.
“To start, service will be free for riders. This is an important phase in our journey, where riders can become familiar with Zoox, our service, and share their feedback with us before we scale. We will introduce paid rides in Las Vegas as a next step and once we receive the necessary regulatory approval,” Zoox said in the post.
Zoox added that while riders can sign up for the waitlist for its San Francisco service, it still doesn’t have a launch date.
Other companies pursuing robotaxi services include Tesla (TSLA), Alphabet’s (GOOG) (GOOGL) Waymo, Baidu (BIDU) and Uber (UBER).
- Fintech Klarna (NYSE:KLAR) raised $1.37 billion through its IPO on Wednesday after pricing its shares $4 above the midpoint of its previously stated range.
Klarna (NYSE:KLAR) offered 5 million shares priced at $40 per share, with certain selling shareholders offering 29.3 million additional shares, according to a statement.
CNBC said the deal valued the British company at around $15 billion.
In an SEC filing on Monday, Klarna said it was looking to offer 5.6 million shares priced between $35 and $37 per share. Selling shareholders were expected to offer 28.9 million shares.
- Amazon (NASDAQ:AMZN) is developing a line of augmented reality, or AR, glasses that would likely compete with those offered by Meta (META).
Code-named Jayhawk, the Amazon glasses will feature microphones, speakers, a camera, and a display for one eye. The product is expected to launch as early as late 2026, according to Reuters and The Information.