Meta to Deploy Homegrown Chips, Uber to Offer Zoox Rides | Bloomberg Tech 3/11/2026
AI Summary
Bloomberg's Caroline Hyde and Ed Ludlow reported on March 11, 2026, covering three major tech and AI developments. Oracle posted strong third-quarter sales and issued a positive full-year outlook, with continued AI computing demand cited as a key driver of the results. Meta announced plans to deploy four new generations of its proprietary in-house AI chips by the end of 2027, aimed at supporting the company's rapidly expanding AI workloads and reducing reliance on third-party chip suppliers. In a separate development, Uber and Amazon's autonomous vehicle subsidiary Zoox revealed a new partnership that will enable Uber customers to book Zoox robotaxi rides through the Uber platform in Las Vegas, with the service set to launch as early as summer 2026. The Uber-Zoox deal was discussed directly by the CEOs of both companies, according to Bloomberg.
Why it matters
Meta's multi-generational in-house chip roadmap signals a broader industry trend of major AI hyperscalers vertically integrating their silicon supply chains, which carries significant implications for semiconductor companies that currently supply AI accelerators to these firms. Oracle's strong Q3 results and optimistic full-year guidance reinforce persistent institutional demand for AI infrastructure and cloud computing capacity, a key indicator of sector health heading into 2026. The Uber-Zoox robotaxi partnership represents a notable commercialization milestone for Amazon's autonomous vehicle investment, and its Las Vegas launch could serve as a closely watched proof-of-concept for the broader ride-hailing and autonomous vehicle market.
Scoring rationale
The article covers multiple AI-relevant market stories including Meta's homegrown AI chip deployment roadmap, Oracle's AI-driven cloud demand, and Zoox's autonomous robotaxi partnership with Uber, all with direct financial market implications.
Impacted tickers
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