This week on Autonomy Markets, Grayson Brulte and Walter Piecyk, Grayson hit the road and met with Tim Kentley-Klay of HYPRLABS in San Francisco, Tesla started removing the safety attendees in Austin and Waymo is reportedly raising another round at a $110 billion valuation.
Grayson shares details from his exclusive first ride in the HYPRDRIVE vehicle in San Francisco and insights from his The Road to Autonomy podcast interview with Tim Kentley Klay. They discuss HYPR’s emergence from stealth and the company’s unique vision-only, self-reinforcement learning approach to autonomy.
As the vision-only modality gains market validation, the conversation shifts to Waymo. Despite generating significant momentum with a sensor suite heavily reliant on LiDAR and radar, the company is reportedly seeking to raise $15 billion in external capital at a $110 billion valuation. Grayson and Walt debate the strategic logic behind the raise and offer predictions on when Waymo will surpass one million paid rides per week.
Closing out the show, they analyze the implications of a recent Bloomberg report suggesting that Sterling Anderson is being groomed to become the next CEO of GM.
Episode Chapters
0:00 Brighter with Herbert
1:32 HYPRDRIVE Ride and Meeting with Tim Kentley Klay
6:50 Waymo From SFO to the City with No Highway
12:28 Tesla Starts Removing Safety Attendants in Austin
18:03 Luminar Files for Chapter 11
22:26 California's Pending Tesla Ban
25:30 Sterling Anderson's Growing Role at GM
31:24 Waymo's Capital Raise
37:43 Kodiak's Partnership with Verizon
39:58 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Rivian’s bold vertical integration bet as the EV maker announced plans to build their own chips and lidar sensors, effectively moving away from NVIDIA.
Is the introduction of “Autonomy+”, a new software subscription priced to undercut competitors a risky distraction or a necessary move as the company works toward profitability? As Rivian looks inward, Wayve signed a major win, signing a definitive agreement to scale with Nissan in North America and Japan beginning in 2027.
Then there is Uber. Who does Uber want to be when autonomy grows up, and who will their partners ultimately be and what those relationships will look like in the long term? Currently, Uber’s autonomy narrative faces challenges, as the company appears to be playing defense while getting front-run by partners Waymo in the U.S. and Momenta in Abu Dhabi.
Closing out the show, Grayson and Walt discuss the growing world of international autonomy on the weekly Foreign Autonomy Desk segment, covering updates from Bolt, Stellantis, and Caterpillar.
Episode Chapters
0:00 Rivian’s Autonomy Ambitions
13:11 Licensing Autonomous Driving Stacks
17:29 Wayve’s Approach to Autonomy
21:07 Tesla’s Safety Attendant Out in Austin Plans
23:35 Waymo’s Blitz Scaling
27:37 Waymo’s Growing OOH Ad Business
32:32 Uber’s Autonomy Narrative
37:57 Serve Robotics 2,000 Robot Delivery Milestone
39:30 Tensor Auto / Zero Partnership
42:13 Aurora’s Permian Basin Expansion
44:47 Foreign Autonomy Desk
52:16 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss "Thriller in the Big D" as Waymo upstages Uber’s party in Dallas. The day before Uber was set to announce its commercial launch with Avride in Dallas, Waymo stole the spotlight by announcing they went driver-out in the same city.
During the episode Grayson and Walt analyzed the fallout from this timing, including Uber’s "marketing fail" where a safety driver was spotted in promotional footage, and debate whether Avride’s limited 9-square-mile launch is a legitimate business move or just another "science project".
Beyond the drama in Texas, they dove into the broader race to scale, questioning if adding a few hundred cars in new markets Houston, Baltimore, and St. Louis truly counts as commercial scaling. As Waymo announces new markets, Sterling Anderson is aggressively hiring at GM and the autonomous trucking market is beginning to heat up.
Episode Chapters
0:00 The Thriller in Big D featuring Waymo, Avride and Uber
5:17 Autonomous Vehicle Messaging
7:01 Avride / Uber's Dallas Service Area
10:14 No New Waymo/Uber Markets, So Far
13:50 Waymo's Rapid Expansion
18:56 Waymo's Six Stages of Autonomy
20:26 No Waymo Commercial Launch for Art Basel
21:49 Will Tesla Robotaxis Ever Be Available on Uber?
23:06 FSD Updates
25:00 Sterling Anderson's Growing Role at GM
29:04 Wayve Acquires Quality Match
29:41 Foreign Autonomy Desk
30:13 Waymo's Continuing Zeekr Issue
32:21 Autonomous Trucking
33:50 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Uber and WeRide's fully autonomous launch in Abu Dhabi, marking Uber's first robotaxi deployment without a safety driver outside the United States.
On WeRide's earnings, the company announced a fleet of 1,600 autonomous vehicles with 750 robotaxis, while Pony.ai announced plans to triple its fleet to 3,000 by end of next year through its Bolt partnership. As Chinese robotaxi companies expand globally, the scaling question emerges: who grows the fastest?
It was another big week for Waymo as the California DMV approved a massive service area expansion that will come with infrastructure challenges and a need for thousands of additional vehicles if Waymo decides to ultimately operate in the approved area.
Later the conversation shifts to Tesla, where Walt shares his firsthand experience with FSD 14.2 in Mad Max mode in New York City. Both Grayson and Walt make predictions on Tesla removing the safety attendant in Austin and expanding to new markets including Arizona, Florida, and potentially Las Vegas by end of next year.
Episode Chapters
0:00 WeRide and Uber Go Fully Autonomous in Abu Dhabi
3:08 WeRide Earnings
6:33 Robotaxi Volumes and Business Models
10:13 Waymo's California DMV Expansion Approval
14:01 Waymo's Santa Monica Depot Noise Issues
20:20 Tesla Robotaxi Scale Plans
24:31 Tesla FSD 14.2 Update
27:52 Do We Want to Drive Anymore?
31:25 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Waymo’s accelerated nationwide expansion with new markets, Minneapolis, Tampa, New Orleans, Miami, Dallas, Houston, San Antonio, and Orlando getting ready to come online, while breaking down and coin Waymo’s Six Stages of Autonomy.
As Waymo expands, competition is brewing in Dallas where Avride in partnership with Uber and Lyft in partnership with Mobileye will begin to operate commercial robotaxi services later this year and into next year, as Dallas begins to emerge as a major robotaxi market.
Beyond Waymo, the episode explores broader industry signals, from sidewalk delivery robots that are scaling, to Zoox’s extremely limited San Francisco deployment despite Amazon resources, and the accelerating Chinese robotaxi expansion into Europe.
Episode Chapters
0:00 Waymo’s On-Going Expansion
2:21 Waymo’s Disney World Opportunity
8:04 Waymo’s Six Stages of Autonomy
14:45 Waymo’s Upcoming Dallas Launch
18:08 Dallas Robotaxi Competition
20:36 Waymo’s Current Political Issues
25:09 Scaling Delivery Robots
28:41 Zoox Has Scale Ambitions
32:34 Foreign Autonomy Desk
33:21 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Waymo's great highway unlock, their Bay Area expansion to 260 square miles and the launch of commercial service at the San Jose Airport.Despite the expansion, Waymo remains sharply vehicle-constrained. Bloomberg reported this week that the company is operating roughly 1,000 vehicles in the Bay Area, 700 in Los Angeles, 500 in Phoenix, 200 in Austin, and just 100 in Atlanta, for a total fleet of approximately 2,500 vehicles spread across all markets.In the autonomous trucking market, Kodiak continues to demonstrate that the economics work. With 10 fully driverless trucks generating revenue in the Permian Basin, the company logged 5,200 paid hours last quarter, up 166% from Q2, a meaningful validation of the model.Wrapping up the conversation, Grayson and Walt examine why technology leadership means nothing without scalable manufacturing partnerships and now how autonomous trucking is pulling ahead of robotaxis on business model execution, and what global expansion in Abu Dhabi and Singapore signals about the global competitive landscape.
Episode Chapters0:00 Waymo Expands to Highways3:58 Vehicle Supply16:56 California Airports19:28 Tesla FSD Update21:42 Uber Ski25:21 Kodiak29:40 Foreign Autonomy Desk30:40 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Waymo’s expansion into three new markets, Uber’s role in autonomy and Lyft’s growing infrastructure ambitions.
Beneath the headlines, Tesla is aiming to once again reshape the entire autonomous driving industry with their AI5 chip, FSD Unsupervised deployment, and the expansion of their insurance business. As Tesla continues to focus on what’s next, Uber is sending mixed messages to the market while engineers across Silicon Valley begin exploring alternatives to Nvidia’s GPUs.
Wrapping up the conversation, Grayson and Walt discuss what happens when the world’s largest autonomy players diverge on strategy and long-standing partnerships begin to falter.
Episode Chapters
0:00 Waymo’s Three City Expansion
2:11 Waymo & Uber’s Relationship
4:21 Managing Robotaxi Fleets
14:56 Robotaxis at Airports
16:40 Uber’s Autonomy Messaging Strategy
23:12 NVIDIA and the Growing Demand for new Chips
25:45 Applied Intuition
28:19 Tesla
37:14 Foreign Autonomy Desk
40:02 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss NVIDIA’s ever expanding autonomy ambitions and the fracturing relationship between Waymo and Uber, which may signal the end of one of the industry’s most-watched partnerships.Jensen Huang’s latest GTC announcements further signaled that NVIDIA is moving beyond supplying compute to potentially building their own full autonomy stack and licensing it. Grayson and Walt trace this shift back to the early days NVIDIA’s automotive division and the evolution of its Hyperion platform, which is now positioned not only to power OEMs but also to compete directly with the very companies that rely on its GPUs to enable autonomous driving systems.While NVIDIA appears poised to compete with its customers, Waymo and Uber’s partnership is showing signs of unraveling after Uber announced plans to deploy Lucid/Nuro autonomous vehicles in San Francisco next year, directly challenging Waymo on in their home market.Grayson likens the move to “divorce court,” raising questions about how the companies will divide the Austin and Atlanta markets, where Waymo currently operates exclusively on Uber’s platform. The episode closes with updates on Aurora’s strategic pivot and the Foreign Autonomy Desk, covering Baidu’s expansion in Hong Kong, Uber’s European ambitions, and continued progress in Tesla’s FSD rollout.
Episode Chapters0:00 NVIDIA’s Autonomy Ambitions7:13 Waymo & Uber’s Fracturing Relationship9:35 Nuro’s Upcoming Launch on Uber in San Francisco11:51 Gemini is Coming to Waymo14:05 Boston’s Autonomous Vehicle Blunder15:43 Seattle’s Challenging Political Environment17:34 Political Coalitions19:36 Aurora’s Pivot25:32 Tesla Robotaxi / FSD 14 Updates30:04 Foreign Autonomy Desk33:08 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Tesla’s Q3 earnings call, NVIDIA’s strategic partnership with Uber, and GM’s surprising return to autonomy under Sterling Anderson’s leadership.
The conversation opens with Walt’s firsthand insights from Tesla’s Q3 2025 earnings call, where the company confirmed plans to remove safety attendants across “large parts” of Austin by year-end after accumulating 250,000 robotaxi miles.
Tesla also announced 8–10 additional markets coming online by year-end, including Florida, Arizona, and Nevada, following the company’s phased rollout playbook: safety-attended operations first, followed by fully autonomous service. Grayson projects more than 300 Model Y robotaxis operating in Austin by mid-2026, potentially joined by 25–50 Cybercabs pending NHTSA exemptions.
The discussion then turns to NVIDIA’s newly announced partnership with Uber, which Grayson sees as signaling something much bigger than data sharing. He suggests NVIDIA could be positioning to acquire a leading autonomous driving developer such as Wayve, mirroring its CUDA strategy where software dominance separated it from competitors.
His thesis: NVIDIA will ultimately own and license an autonomy stack across the industry, creating existential risk for startups dependent on its compute. Walt explores the market dynamics and potential conflicts that arise when your chip vendor becomes your competitor, while noting that NVIDIA’s brand power could simultaneously validate the entire autonomy market.
The week also brought news from GM, which re-entered the autonomy race by announcing a 2028 “hands-off, eyes-off” system debuting in the Cadillac Escalade IQ. Sterling Anderson confirmed GM’s staged rollout plan: highways first, urban next, then full urban autonomy.
Closing out the episode, Grayson and Walt debut the Foreign Autonomy Desk, covering Baidu Apollo’s partnership with Swiss PostBus, WeRide and Uber’s shuttle launch in Saudi Arabia, May Mobility’s strategic investment from Grab.
Episode Chapters
0:00 Tesla Q3 2025 Earnings
14:58 NVIDIA’s Autonomy Ambitions
20:59 Avride & Uber’s Autonomy Investment Strategy
23:09 GM is Back in Autonomy
28:46 Waymo Begins Manually Testing at EWR (Newark Airport)
32:14 Foreign Autonomy Desk
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Tesla’s continued FSD 14 updates, Waymo’s expansion to London and the growing political and infrastructure challenges shaping the next phase of robotaxi growth.Walt shares his latest hands-on experience with FSD 14, including testing the new “Mad Max” mode, featuring more assertive lane changes, higher driving speeds, and improved autonomous parking. As Tesla refines FSD 14 in preparation for a wider release, Waymo continues to expand globally.This week, Waymo announced plans to launch in London in 2026, marking its second international market and the first where it will compete head-to-head with Uber for robotaxi rides. If an expansion to London was not enough, Waymo also announced a partnership with DoorDash for the Phoenix market, signaling continued momentum in delivery automation.Every robotaxi market presents unique challenges, and New York City is no exception. Political, regulatory, business, and energy constraints could slow Waymo’s path to launching a commercial service in the Big Apple as Grayson and Walt discuss NYC’s lack of energy infrastructure.Closing out the conversation, they turn their attention to Europe where Stellantis has partnered with Pony.ai to deploy autonomous Peugeot vans in Luxembourg, a potential sign that Stellantis could perhaps be looking to re-enter the autonomous vehicle market.
Episode Chapters0:00 FSD 14 Update6:47 Robotaxi Mode8:56 Rolling Stops10:12 Waymo’s London Expansion13:10 Wayve18:13 Waymo/DoorDash Partnership21:50 NYC’s Energy Infrastructure27:08 Stellantis/Pony.ai Partnership30:06 Waymo Driver32:11 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Tesla’s FSD 14 release and Waymo’s potential market expansions.The episode begins with Walt sharing his firsthand experience testing FSD 14, showcasing its breakthrough ability to autonomously back out of driveways and park at destinations with a single tap. While impressive, he notes challenges remain with driveway precision and occasional cautious, jerky driving behavior that sets this version apart from previous releases.As Tesla rolls out FSD 14, NHTSA has launched a preliminary investigation into FSD. Meanwhile, Waymo is looking to potentially expand to Minnesota, after the company hired four lobbyists as part of an effort to changes to state laws that still require human drivers in autonomous vehicles.Across the Atlantic, Sweden has approved Tesla to test FSD on public roads, a clear signal that countries are beginning to embrace autonomy. Yet, in the U.S., significant opportunities remain untapped. From Chicago to Minneapolis, Charlotte to Tampa, major metro markets still await large-scale robotaxi deployments.
Episode Chapters0:00 FSD 147:30 Preliminary NHTSA Tesla Investigation12:50 FSD Approval in Sweden14:56 Waymo Eyes Minnesota Expansion17:07 Potential Waymo Expansion Markets22:18 Wayve Correction22:47 DoorDash27:05 Lyft / Tensor Auto Partnership31:35 Aurora’s Warning Triangle Waiver36:12 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss the accelerating global expansion of robotaxis. In London, Wayve is proving its adaptable, AI-powered autonomous system can navigate complex roadways, from double roundabouts to unpredictable pedestrian interactions without reliance on LiDAR.
Wayve's strategy of working hand-in-hand with OEMs sets it apart from Tesla’s vision-only approach, allowing flexibility depending on manufacturer demands. At the same time, institutional investors are beginning to pay more attention to the autonomous vehicles, particularly focusing not just on the technology, but on broader ecosystem of energy, fleet management, and vehicle depreciation that will define the autonomy economy.
Meanwhile, the Middle East is rapidly positioning itself as an autonomy hub. Dubai has granted Baidu Apollo permits with an eye toward fully driverless operations by 2026, while at the same time Uber introduced an autonomous vehicle tier in Abu Dhabi.
As the U.K., EU, and UAE push ahead on autonomy, the race to define the global robotaxi market is intensifying, reshaping not just mobility, but the economics underpinning the future of global autonomous vehicle fleets.
Episode Chapters
0:00 Live from London
3:02 Wayve in London
10:47 UK & EU Autonomous Vehicle Regulations
13:20 Moove & the Management of Autonomous Vehicles
17:44 UK AV Market
18:47 Waymo in New York
21:29 D.C. Shutdown
22:48 D.C. Politics of Tesla FSD
26:23 Kodiak
28:21 Mobileye
32:47 EV Sales
34:32 AVs in the UAE
38:11 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss the upcoming release of Tesla FSD 14, Waymo’s potential expansion to London and Nuro taking delivery of their first Lucid-built robotaxi.
What will the highly anticipated release of FSD 14 (Supervised) mean for the market? Could reduced driver monitoring signal that Tesla is inching closer to FSD Unsupervised? One thing is clear no matter what, Tesla’s vertical integration and production scale position it to deploy robotaxis faster than anyone, including Waymo, which remains dependent on its manufacturing partners.
Later the conversation then turns to Waymo’s London ambitions and what this expansion could reveal about its evolving relationship with Uber. As for Uber, where do they ultimately want to go in autonomy, and how do they want the market to perceive their strategy?
Is it time to acknowledge they won’t be over reliant on Waymo to scale, and instead focus on growing the Nuro/Lucid partnership globally? The answers aren’t yet clear, but the possibilities are endless as Uber expands deeper into the robotaxi market.
Episode Chapters
0:00 FSD 14
6:44 Waymo Eyes London Expansion
9:17 Does Uber Launch Robotaxis in Nashville without Waymo?
11:35 Waymo Market Predictions
15:13 Tesla Market Predictions
17:53 Amazon’s Continued Commitment to Zoox
23:26 Nuro Takes Delivery of First Lucid-Built Robotaxi
28:43 Nissan ProPilot powered by Wayve
31:08 Kodiak Goes Public
32:22 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Lyft’s dramatic return to the big leagues of the autonomous vehicle industry through a surprise partnership with Waymo in Nashville, including fleet management, sending Lyft stock soaring 20% while Uber dropped 5%.Grayson and Walt examine the strategic implications of this non-exclusive deal, where a shared fleet will operate across both Lyft and Waymo networks, with Lyft leveraging its Flexdrive subsidiary for fleet management. This deal, marks Waymo’s second partnership with Lyft, correcting widespread media reports that overlooked a small 2019 Phoenix pilot program that quietly disappeared from public view.The conversation expands into Waymo’s incremental progress at San Francisco Airport (SFO) which is limited to the “kiss and fly” area rather than curbside access, and what this signals for Waymo’s pending highway operations. Grayson predicts Waymo will begin operating on highways in the Bay Area by December 2025, while they debate sensor stack limitations that may be preventing current Jaguar fleets from highway deployment.Grayson and Walt also analyze Bot Auto‘s milestone achievement of a fully driverless 40-mile commercial run accomplished with just $45 million in funding, contrasting this efficiency against billion-dollar competitors still operating with safety drivers. The episode concludes with Tesla and Uber’s freight partnership, which Walt characterizes as a potential “Trojan horse” for Tesla’s autonomous trucking ambitions.
Episode Chapters0:00 Lyft / Waymo Partnership7:01 Lyft / Waymo History8:39 Nashville Market12:17 Impact on the Uber / Waymo Relationship15:31 Waymo’s SFO Expansion17:13 Waymo’s “Great Highway Expansion”20:39 Waymo’s Emerging Zeekr Risk in Tennessee23:00 Waymo’s Airport Unlocks25:25 Bot Auto Goes Driver-Out29:30 Going Driver-Out without an OEM Deal33:47 Tesla Semi / Uber Freight Partnership37:24 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss the rapidly shifting landscape of AI inside of vehicles, exploring how xAI’s Grok and Google’s Gemini are shaping the next wave of “car real estate.”
Grayson and Walt debate whether these AI systems will remain as assistants limited to Q&A or evolve into agentic copilots capable of controlling everything from “car wash mode” to trip planning and operating the traditional in-cabin functions of a vehicle.
They draw parallels to historical tech battles, from Apple CarPlay’s removal by GM to the politics within Alphabet that may slow Gemini’s rollout inside Waymo vehicles. The discussion underscores how the integration of AI into vehicles could become one of the most valuable battlegrounds in autonomy.
Beyond AI integration, the conversation expands into the latest market moves across autonomy. Tesla’s upcoming expansion to Phoenix, Las Vegas, and California airports takes center stage, alongside SpaceX’s $19 billion spectrum acquisition and its implications for connectivity in robotaxis.
Episode Chapters
0:00 Qualcomm on The Road to Autonomy
2:51 Grok vs Gemini: Who Will Own the Future of AI In-Vehicle?
12:33 Tensor Auto
14:40 Tesla’s Planned Robotaxi Expansions
20:19 SpaceX / EchoStar Spectrum Deal
23:48 Zoox Las Vegas Launch
27:17 May Mobility’s Launch in Atlanta on Lyft
31:41 Do May Mobility Cars go to Lyft or Uber First?
34:12 Waymo’s Emerging Hyundai Risk
36:30 Kodiak Delivers First Factory Upfitted Autonomous Truck
38:35 Autonomous Trucking Industry
40:43 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss the new expansion announcements from both Waymo and Tesla, framing it as a “heavyweight fight”.
Waymo announced plans to expand to Denver and Seattle, with Denver set to become the first city where its fleet will include both Jaguar I-PACEs and Zeekrs. The company also gained regulatory approval to operate at the San Jose (SJC) airport, a move Grayson Brulte predicted five months ago on a previous episode.
Meanwhile, Tesla opened the public waitlist for its Robotaxi app, which quickly surged up the Apple App Store charts, reaching #1 in the travel category and #8 overall among free apps.
The discussion then broadens beyond the Waymo–Tesla rivalry, touching on the political headwinds Waymo faces in Seattle, NHTSA’s recent regulatory changes designed to accelerate autonomous vehicle commercialization, and Torc’s $660 million annual burn rate as Daimler Truck explores external funding options.
Episode Chapters
0:00 Waymo-Tesla Competition
5:48 Waymo’s Denver Expansion
8:01 No Uber Partnership for Denver or Seattle?
10:36 Waymo’s Affection for Unwelcoming Cities, Including Seattle
15:24 Benefits of Autonomy
16:37 Updated NHTSA Rules
19:23 Waymo Expands to San Jose Airport, Is SFO Next?
24:22 Tesla Opens Robotaxi Waitlist
27:43 Highway Unlocks
30:44 Avride Launching on Uber in Dallas
33:16 Tensor Auto
35:49 Daimler Truck is Seeking Outside Capital for Torc
40:18 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk marked the one-year anniversary of Autonomy Markets and discussed the reignited debate between LiDAR and vision-only after comments made by Uber CEO Dara Khosrowshahi during an interview.
During the interview, Mr. Khosrowshahi stated that in the short term, a combination of camera, LiDAR, and radar is the “right solution,” noting that all of Uber’s current partners use this combination. This statement prompted a response from Elon Musk, who argued via a post on X that LiDAR and radar actually reduce safety due to “sensor contention” and reaffirmed Tesla’s commitment to a camera-only system.
Beyond the technical debate, Grayson and Walt discussed Tesla’s expanded Robotaxi service in Austin and the growing opposition to a potential Waymo deployment in New York City.
Episode Chapters
0:00 One-Year Anniversary of Autonomy Markets
2:14 Dara Khosrowshahi Reignites LiDAR vs Vision-Only Debate
9:24 Elon Musk’s LiDAR Rebuttal
11:49 What if Tesla Embraced LiDAR?
14:29 Robotaxi Expands in Austin, Once Again
18:14 Traffic Fatalities
20:32 Waymo Begins Testing in New York City
26:06 Boring Company is Testing FSD Supervised in Las Vegas
29:07 Stellantis Shuts Down Internal ADAS Development Program
31:28 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss the significant operational challenges in the autonomy autonomous vehicles industry and Waymo's on-going difficulties with its Atlanta launch on Uber.
Waymo's launch in Atlanta has gone anything but smooth. A shortage of vehicles and frequent rider pairing issues on Uber have sparked negative local media coverage, with Fox 5 Atlanta even publishing a guide on how to improve your chances of getting a Waymo ride.
The Atlanta launch has raised questions about the long-term future of Uber and Waymo's partnership. While Waymo and Uber are facing vehicle supply issues in Atlanta, Nuro successfully closed a Series E round led by Uber that raised $203 million at a valuation of $6 billion.
Episode Chapters
0:00 Robots
2:42 Nuro Series E
4:54 Delivery Robots Part 1
6:11 Fleet Management
9:24 Delivery Robots Part 2
14:26 Waymo on Uber in Atlanta
21:15 Status of Waymo and Uber's Relationship
26:58 Helm.ai Honda Expand Partnership
32:21 Alibaba's Autonomous Driving IPO
34:16 Baidu Apollo Go
36:35 Tesla FSD in Japan
38:46 Cybercab
39:32 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss GM’s sudden return to autonomous vehicles, Waymo’s growing supply constraints, and the launch of Tensor Auto.A few months after shutting down Cruise, GM is once again re-entering the autonomous vehicle market, but this time with a twist. This time around the company will be focusing on developing personally-owned autonomous vehicles instead of robotaxis.This is GM’s third attempt at autonomy, raising questions about whether the company can regain the trust of engineers and the broader industry after repeatedly abandoning past efforts. While GM prepares for another autonomy reboot, Waymo continues to grapple with supply constraints. And then there is a new entrant to the autonomy markets, Tensor Auto (formerly Auto X) which is planning to launch a personally owned autonomous vehicle featuring 37 cameras, manufactured by VinFast.In corporate moves, Uber Freight CEO Lior Ron has left the company to become COO of Waabi in a surprising move that has drawn significant industry attention.
Episode Chapters0:00 GM’s Revised Autonomy Plans11:31 Ford’s Continued Autonomy Disdain4:37 Where is Toyota?16:06 Waymo’s Supply Constraints20:37 Waymo in Atlanta24:27 Is Waymo Expanding too Fast?25:25 Tesla FSD29:43 Robotaxi’s Upcoming Public Launch33:19 Tesla Eyes NYC Robotaxi Expansion35:02 Tensor Auto43:20 Uber Freight / Waabi52:47 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com
This week on Autonomy Markets, Grayson Brulte and Walter Piecyk discuss Uber’s growing autonomous vehicle investments and why they won’t be modest.
While Uber publicly framed their autonomy spending as “modest” and emphasized share buybacks, CEO Dara Khosrowshahi made it clear on the company’s Q2 2025 earnings call that more OEM partnerships and AV deals are on the horizon.
At the same time, Uber pointed to “recycling” past investments, raising the question: why recycle when the company’s growing free cash flow can support both increased buybacks and significant investments in the autonomy ecosystem? Is this simply a bid to reassure Wall Street while simultaneously preparing for an autonomous future?
Anything is possible and we broke it all down on this week’s edition of Autonomy Markets along with Lyft’s renewed interest in autonomy and their willingness to invest and own assets. As Lyft prepares to spend (with a smaller balance sheet), Uber’s autonomy investments will be anything but modest.
Episode Chapters
0:00 Uber’s Autonomy Investments Narrative
3:49 Who Finances Robotaxi Fleets?
6:16 What is Holding Back Growth of AVs?
8:26 Autonomous Driving Systems
10:20 Uber’s AV Exclusive Deals
12:05 Uber Recycling Investments
16:09 Uber’s Relationship with Waymo
18:49 Lyft is Leaning into Autonomy
21:52 Lyft Partners with Baidu for Europe and UK Markets
24:28 Managing AV Fleets
28:24 Aurora LIVE
31:24 Zoox NHTSA Exemption
32:47 Autonomy Expands the Rideshare Market
37:33 Next Week
Autonomy is transforming industries and creating an entirely new economy that we call the autonomy economy™.
The Road to Autonomy provides advisory and market intelligence services that helps you better understand the market and stay ahead of what’s coming next. To learn more, say hello (at) roadtoautonomy.com.
Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/ae/
LightShed Partners is a leading independent research firm focused on the convergence of technology, media, and telecommunications. Known for its forward-thinking insights, LightShed Partners provides in-depth analysis on trends, disruptions, and innovations shaping these industries, offering clients data-driven research to inform investment decisions.
Sign up for research here.The LightShed Podcast, released every Friday, delivers cutting-edge insights into the world of technology, media, and telecommunications (TMT), focusing on key trends and disruptions shaping the future of these industries. Each episode explores topics like streaming services, social media, digital transformation, and the future of entertainment technology.
Closely followed by key decision-makers in the TMT industries, this podcast provides actionable analysis for investors, industry professionals, and tech enthusiasts. Subscribe to the LightShed Podcast for expert commentary on market trends, investment opportunities, and insights driving the TMT sector forward. For access to this paywalled podcast email: team@lightshedtmt.com