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Global cab aggregator Uber has announced that it would invest up to $154 million (Can$200 million) over five years for the purpose of expanding its Toronto lab which is concerned with developing artificial intelligence for self-driving cars. Along with this, the company is planning to open a new engineering office in Canada's largest metropolis in early 2019. Uber's new engineering hub will join the company's efforts to launch the new features for its app. Also, they would expand into other modes of transportation such as electric bikes and scooters, as well as partnerships with public transit. In the 15 months since the Uber lab led by University of Toronto professor and machine learning expert Raquel Urtasun opened, it has delivered "significant technical breakthroughs towards m...

The multinational retail corporation Walmart is seeing Uttar Pradesh as a major source of recruitment. The company is seeking to offer at least 30,000 local jobs by setting up 15 stores in the state. Walmart India at present operates four Cash and Carry stores in UP and had recently launched a fulfillment center (FC) in Lucknow, which offered 1,500 fresh skilled jobs. "Each store is likely to create 2,000 direct and indirect jobs, thereby generating at least 30,000 local jobs in the state," said Rajneesh Kumar, Chief Corporate Affairs Officer who represented Walmart India in the Investment Summit. Earlier this year, during the UP Investment Summit, Walmart India signed a memorandum of understanding (MoU) with the state government to launch 15 wholesale Cash and Carry stores. According...

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Uber to Invest $154 million to Boost Canadian Operations

Walmart Plans to Offer 30,000 Jobs in Uttar Pradesh