23 stories tagged #Uber

  1. Corporate America Begins Rationing AI as Costs Skyrocket Beyond Expectations
    tech

    Corporate America Begins Rationing AI as Costs Skyrocket Beyond Expectations

    Major U.S. firms cut AI use after costs surpass human labor, with some facing $500M monthly bills and budget depletion.

    5d ago 1 min read
  2. Uber Burns Through 2026 AI Budget in Four Months, Questions ROI
    tech

    Uber Burns Through 2026 AI Budget in Four Months, Questions ROI

    Uber exhausted its 2026 AI budget by April. Executives question AI spending effectiveness despite high adoption rates.

    last wk. 2 min read
  3. Bill Ackman’s Pershing Square Pours $2.09 Billion into Microsoft, Dumps Uber and Alphabet
    finance

    Bill Ackman’s Pershing Square Pours $2.09 Billion into Microsoft, Dumps Uber and Alphabet

    Pershing Square’s fresh 5.65 million share stake makes MSFT its fourth-largest holding, while slashing Uber, Alphabet, and Meta positions.

    last wk. 1 min read
  4. Microsoft Cancels Claude Code Licenses Amid Surging AI Costs
    tech

    Microsoft Cancels Claude Code Licenses Amid Surging AI Costs

    Microsoft ends Claude Code pilot after costs surge, shifting to GitHub Copilot CLI as industry moves to usage-based AI billing.

    last wk. 1 min read
  5. Uber Expands Into Hotels As Delivery Nears Mobility In Size
    tech

    Uber Expands Into Hotels As Delivery Nears Mobility In Size

    Uber partners with Expedia to add hotel bookings, leveraging its massive delivery business and Uber One membership to become a travel platform while defending against commoditized rides.

    3w ago 2 min read
  6. Corporate America Shatters Earnings Records, Fueling Historic Rally
    finance

    Corporate America Shatters Earnings Records, Fueling Historic Rally

    84% of S&P 500 companies beat Q1 earnings estimates, driving the index to record highs and signaling broad-based economic strength.

    3w ago 1 min read
  7. Lime Files for IPO Amid Debt and Liquidity Concerns
    finance

    Lime Files for IPO Amid Debt and Liquidity Concerns

    Lime files for IPO to repay debt and fund operations amid profitability and liquidity risks.

    3w ago 1 min read
  8. Rivian Developing More R2 Variants, CEO RJ Scaringe Confirms
    tech

    Rivian Developing More R2 Variants, CEO RJ Scaringe Confirms

    Rivian's CEO hints at new R2 variants like the R2X, while the company considers in-house lidar and prepares for Georgia plant production.

    last mo. 1 min read