Serve Robotics Inc. (SERV) stock surged 5.09% in the pre-market trading session on Wednesday, as investors showed enthusiasm for the company's AI-powered robots being used for food delivery services.
According to reports, Serve Robotics, a former spin-off from Uber Technologies Inc. (UBER), has developed autonomous robots capable of delivering food orders to customers' doorsteps. The innovative technology has garnered significant interest, as it offers a convenient and efficient solution for the growing demand for food delivery services.
Analysts suggest that the potential success of Serve Robotics' AI-powered delivery robots could drive the company's growth and profitability in the future. As a result, investors have shown optimism towards the stock, leading to the pre-market soar on Wednesday.
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