$Serve Robotics (SERV.US)$ took profit. this is grossly over...
$Serve Robotics (SERV.US)$ took profit. this is grossly overvalued. the company is lossing money and it’s business model is basically tagged to uber eats. Serv probably earns a very small commission from every food delivery. Just think about all the backend cloud infra they need to run AIs for their business model and the delivery robots cost from manufacturing, accidents, repairs, maintenance. will they ever be profitable? be very careful.
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百富30y :
102472806 : What if data for the street is their key revenue stream? robotaxi need data, and who start to collect street image and behavior data will win the market
danielninetyfour OP 102472806 : bruh, there are alr companies such as Mobileye that provides autonomous driving solution
102472806 danielninetyfour OP : if you compare food delivery frequency with normal cars, which have more data?
danielninetyfour OP 102472806 : serv utilises robots that travel on footpath to do last mile delivery to ppl’s home btw. It is different from driving on road/highway. also, self driving is already a thing in china btw. I will gladly buy in once it drops back to 6$
ArcherNoAngle : Lies