Apple is set to reintroduce a new version of Siri at WWDC on Monday, this time built on top of Google's Gemini AI after the company's initial Apple Intelligence rollout in 2024 failed to deliver promi…
Uber is expanding its gig-work model into white-collar AI training jobs, offering contractors hourly rates between $50 and $150 — significantly higher than similar roles at other companies. However, w…
The Linux Foundation is launching the Tokenomics Foundation as enterprise AI bills triple despite a 98% drop in per-token prices, driven by agentic tools that have pushed per-developer consumption 18.…
Companies across the tech industry are facing severe budget overruns from AI spending, with Uber exhausting its entire 2026 AI coding budget by April and Microsoft revoking developer licenses for Clau…
Charles Holive, chief AI officer at BNP Paribas CIB, told Business Insider he prioritizes dollar-value and productivity outcomes over raw token consumption, rejecting what he called "vanity metrics." …
BNP Paribas CIB Chief AI Officer Charles Holive said tokenmaxxing, the practice of maximizing AI token consumption as a productivity metric, is a "vanity metric" that should not be the primary focus f…
Major tech firms and AI labs are pulling back on internal AI usage after rapid adoption drove unexpected cost spikes, with Uber burning through its entire 2026 AI coding-tools budget in four months, a…
Anthropic co-founder Daniela Amodei dismissed concerns about AI's return on investment ahead of the company's confidential IPO filing, arguing that businesses are still early in learning how to deploy…
Microsoft AI chief Mustafa Suleyman said the company aims to "reduce and ultimately eliminate" its payments to Anthropic, calling the rival AI firm's models "extremely expensive." Microsoft announced …
Microsoft banned internal use of Claude Code across its Experiences and Devices division with a June 30 deadline, citing cost control after Uber burned through its entire $3.4 billion AI budget in fou…
Bill Gurley, a former Wall Street analyst and Benchmark partner who served on Uber's board and now studies complexity at the Santa Fe Institute, shared the mental models he relies on most including sy…
Uber cut nearly 25% of its people division staff, CEO Dara Khosrowshahi said the changes are necessary. The layoffs come as the company shifts focus toward artificial intelligence and operational effi…
Uber is eliminating 23% of positions in its People and Places division, the unit responsible for human resources, recruitment, and workplace facilities, under newly promoted president Jill Hazelbaker.…
Uber is laying off nearly a quarter of its People and Places staff, which includes human resources and recruitment teams, affecting less than 1% of its global workforce of 34,000 employees. The compan…
Uber has implemented a $1,500 monthly token spending limit per AI coding tool for all employees, capping usage of agentic software like Cursor and Claude Code after the company blew its 2026 AI budget…
Uber has capped employee usage of AI coding tools like Cursor and Anthropic's Claude Code at $1,500 in monthly token spending per tool, a company spokesperson confirmed. The limit, implemented in rece…
Uber has capped employee spending on agentic AI coding tools at $1,500 per month per tool, a company spokesperson confirmed to Bloomberg News. The limits, implemented in recent months, apply to softwa…
Uber has capped employee spending on AI tools like Claude Code to control rising costs. The ride-hailing company implemented the spending limits as it seeks to manage expenses associated with widespre…
Mozilla Chief Technology Officer Raffi Krikorian argues the central question in AI policy is whether the technology remains something users control or something they lease from a handful of companies.…
Microsoft added average token usage to a model release card yesterday, introducing a new dual benchmark that measures both performance and cost. The metric shows Microsoft's model achieving a 71.6 SWE…