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UBER AI BUDGET
Rising AI costs force companies to cap spending, says Goldman SachsIn ‘Connecting the Dots’ report, Goldman Sachs highlights how businesses are controlling AI bills by setting usage limits, removing tools t...- AI's left hand begins to take away jobs before its right hand canIn response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fuele...
- As Luckin expands globally, can China’s coffee brand succeed where its soft power has struggled?China’s coffee boom is helping Luckin overtake Starbucks, with its low prices, app-based convenience and local flavours driving rapid growt...
- ETtech Explainer: OpenAI is halving inference cost and what this meansOpenAI has reportedly halved its AI inference costs through significant optimizations, a crucial development amid rising AI development exp...
- Cheaper AI is better: Soaring bills are reshaping how businesses choose modelsTop executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's Brian Armstrong have said smaller,...
- Enterprise AI Adoption Enters a New Phase as Companies Shift Focus From Access to ROIFor the past two years, enterprises have encouraged employees to adopt AI tools at scale. Now, some of the biggest corporate users of AI ar...
- Uber slashes 23% of HR and recruitment jobs, says AI isn't the reason - here's why Uber is laying off employeesUber layoffs 2026 reason explained: Uber is reorganizing its People and Places division, leading to layoffs affecting approximately 23% of ...
- Tokens, tokens everywhere, but not a cent to spareCompanies are facing a significant challenge with the escalating cost of AI tokens as they adopt agentic workflows. Uber has already deplet...
- Company racks up $500M Claude AI bill in one month after putting no usage limits on employee licensesA firm's unchecked AI spending led to a staggering $500 million bill in a single month due to unlimited employee licenses for platforms lik...
- AI costs spiral as firms lose spending controlCompanies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Sever...
- Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & moreUber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company i...
- Uber's India data centre bet; Cyber cover meets AI riskUber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.
- Riding the AI buck: Rising API, usage-based costs force a rethinkAs enterprises rapidly scale AI adoption, soaring API and usage-based costs are forcing companies to rethink spending, introduce guardrails...
- Replacing humans with AI is turning out to be costlier than expected, Uber, Nvidia execs sayCompanies are finding AI automation costs, particularly token-based pricing, are exceeding employee salaries. Executives from Nvidia and Ub...
- Amid Oracle layoffs, corporate recruiter's message: 'Good work would not protect you. The real job security is...'Thousands of jobs are impacted by recent tech layoffs. Companies are investing heavily in AI, leading to workforce adjustments. Experts sta...
- Tesla, Taneja, and a tepid IT quarterHappy Thursday! Tesla’s finance chief Vaibhav Taneja is now one of the highest-paid executives in the tech world. This and more in today’s ...
- Uber forecasts upbeat second quarter on steady ride-hailing, delivery demandTotal revenue rose 14% to $11.53 billion in the first quarter, slightly below analysts' expectations of $11.62 billion, according to data c...
- Amazon India gets funds; IT margins hitAmazon has ploughed fresh funds in its Indian marketplace entity. This and more in today’s ETtech Top 5.
- Amazon Pay secures payment aggregator licence; Krutrim AI’s chatbotAmazon Pay has received a payment aggregator licence from the Reserve Bank of India (RBI). This and more in today’s ETtech Top 5.
- How PhonePe's plan to invest in Dunzo hit a roadblock; Slice seeks fresh fundsPhonePe was interested in acquiring the merchant network and quickly tapped into it for Pincode. It has been spending on customer acquisiti...
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