Waabi CEO Raquel Urtasun, a former Uber executive and AI researcher, says she prefers hiring Gen Z workers over industry veterans because of their adaptability and curiosity. Her autonomous trucking s…
Uber exhausted its entire 2026 AI budget by the second quarter, highlighting unsustainable costs as enterprises mix and match AI models from multiple providers. OpenAI is considering cutting token pri…
A price war is erupting in the AI industry as companies face soaring inference costs, with startups like Swan AI paying $113,000 monthly for a four-person team. Businesses are dynamically routing quer…
A federal agent testified Thursday that Jonathan Rinderknecht, the man on trial for allegedly starting the deadly Palisades Fire, used ChatGPT to search for the home address of DoorDash CEO Tony Xu wi…
AI spending is projected to reach nearly $2.6 trillion in 2026, a 47% increase from the prior year, as enterprises face mounting cost pressures from heavy AI usage. Microsoft CEO Satya Nadella has cal…
SpaceX will pay its underwriters a gross spread of just 0.75% for the largest initial public offering in history, matching the lowest percentage on record for a conventional U.S. IPO. Despite the reco…
NVIDIA introduced the Halos Operating System, a safety-certified software foundation for robotaxis, at GTC Taipei, alongside new collaborations with Uber, Foxconn, VinFast, and HUMAIN to deploy autono…
AI Gateway data shows DeepSeek's share of tokens on the platform surged from under 1% to 17% in May, while its share of spend remained near 1%, as the low-cost model entered production use. Anthropic'…
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…