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Uber and Momenta to Launch Level 4 Self-Driving Tests in Munich in 2026

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Uber and Chinese autonomous driving firm Momenta announced Monday that they will begin testing Level 4 self-driving vehicles in Munich, Germany, starting next year. The move marks Uber’s latest push to expand its robotaxi business beyond the U.S. and China.

Level 4 autonomy refers to vehicles capable of fully automated driving within defined conditions, though regulators still require safety oversight. Germany has emerged as a key testbed for autonomous mobility, with favorable legal frameworks and major automakers advancing the technology.

Uber has sought to secure its place in the robotaxi race through partnerships with Waymo (Alphabet), Lucid, and WeRide, while rivals like Tesla are also scaling their autonomous taxi services.

For its part, Momenta brings significant real-world experience. Its driver-assistance technology is already deployed in 400,000 vehicles globally through automaker partnerships. The collaboration with Uber, first announced in May, aims to accelerate deployment in international markets outside the U.S. and China.

The launch in Munich underscores the intensifying global competition in autonomous mobility, even as regulators maintain tight scrutiny following high-profile accidents in the sector.

Germany Launches Nvidia-Powered Jupiter Supercomputer to Compete in Global AI Race

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German Chancellor Friedrich Merz on Friday inaugurated Jupiter, a Nvidia-powered supercomputer that ranks as the fourth-fastest in the world and Europe’s first Exascale-class machine. Located at the Juelich Research Centre, Jupiter can perform one billion billion (10^18) calculations per second—equivalent to the power of about 10 million laptops.

Built in partnership with France’s Atos and Germany’s ParTec, Jupiter represents a landmark effort for Europe to catch up with the U.S. and China in high-performance computing and AI infrastructure. “We are today witnessing a historic European pioneering project,” Merz said, stressing that Europe has the opportunity not only to close the gap but also to remain competitive in the long run.

Beyond its symbolic importance, Jupiter is expected to advance research in biotechnology, climate modeling, and AI development, reducing Europe’s reliance on foreign digital infrastructure. Ralf Wintergerst, head of German tech association Bitkom, called for easy access to the system for startups and established firms to maximize its impact on innovation.

With Jupiter now operational, Germany positions itself at the heart of Europe’s AI and scientific research ecosystem, while aiming to balance global competition with technological sovereignty.

Zalando Revises 2025 Outlook Amid Inventory and Growth Concerns

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Zalando, Germany’s largest online fashion marketplace, has adjusted its 2025 guidance following the acquisition of rival About You. While the updated forecast reflects higher expected sales, analysts and investors expressed concern over growing inventories, heavier discounting, and signs of weaker consumer sentiment—factors that could weigh on second-half performance.

After initially gaining, Zalando’s shares fell 5.6% to their lowest level in almost a year, bringing year-to-date losses to around 25%. Deutsche Bank analyst Adam Cochrane noted that the stock’s appeal as a revenue growth play is now in question, with less potential for earnings to exceed expectations.

The company now expects 2025 gross merchandise volume (GMV) of €17.2–€17.6 billion ($19.91–$20.38 billion), representing 12–15% growth from last year’s figures for the combined group. This is a sharp increase from its previous forecast of 4–9% growth, largely due to the inclusion of About You, acquired in July for €1.13 billion.

Second-quarter GMV rose 5% year-on-year to €4.06 billion, but gross margin slipped by 80 basis points due to increased discounting. Analysts flagged that earnings quality was weaker than hoped and pointed to a 15% year-on-year inventory rise to €1.66 billion by June 30, raising the risk of more markdowns ahead.

Co-CEO Robert Gentz acknowledged weaker consumer sentiment but remained optimistic about a strong second half. Interim CFO David Schroeder said the third quarter had started well, with mid-single-digit growth expected to continue.

Zalando is also expanding its European logistics network, opening it to partners in an effort to boost growth amid rising competition from fast-fashion rivals like Shein. The company forecasts 2025 adjusted EBIT of €550–€600 million for the combined group, up from its prior estimate of €530–€590 million excluding About You. Gentz added that while U.S. tariffs would not directly affect operations, they could dampen consumer sentiment in the long term.