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Ubers COO says its getting harder to justify the money spent on AI tokenmaxxing

Uber's Chief Operating Officer, Andrew Macdonald, has stated that it is becoming increasingly difficult to justify the significant expenditure on AI token maximisation. This suggests a potential shift in how the company approaches and allocates resources towards its artificial intelligence initiatives.

Hacker News 15d ago

Uber caps employee AI spending after blowing through budget in four months

AI is getting expensive, and some companies are cutting back on usage in an attempt to moderate costs. That cohort includes Uber, which recently instituted internal usage caps as a way to cut down on its exorbitant AI spend. Bloomberg reports that the company has instituted a new rule that places a monthly $1,500 cap per employee and per agentic coding tool, including Anthropic’s Claude Code or Cursor.

Hacker News 7d ago

Goldman Sachs CEO David Solomon on AI jobs apocalypse: We'll still hire thousands of graduates

Goldman Sachs will bring on roughly 2,400 to 2,500 interns this year, with a comparable cohort of permanent new joiners walking in come July. That's the number CEO David Solomon kept circling back to on Bloomberg's Odd Lots podcast this month, his answer to anyone convinced AI is about to gut the entry-level pipeline at investment banks. Hiring will "contract a little" over the next three years, he conceded—but nothing close to dramatic.

Times of India 1d ago

Palantir CEO almost hates AI word 'tokenmaxxing', compares it to 'bad addiction'

Palantir CEO Alex Karp has a blunt take on the AI industry's hottest buzzword. Speaking on the TBPN podcast on the sidelines of Palantir's AIPCon 10 conference, Karp compared "tokenmaxxing"—the compulsive overuse of AI tokens—to a porn addiction. His point was simple: a lot of companies are burning through tokens that look like productivity but deliver nothing real.

Times of India 2d ago

Uber sets AI usage limit for employees after exceeding AI budget

Uber has set usage caps on artificial intelligence (AI)-powered tools like Claude, Cursor used by its employees. According to a Bloomberg report, the ride-hailing firm exceeded its AI budget earlier this year and the latest move is aimed to manage the rising costs. “We think this is all a pretty straightforward way to responsibly encourage agentic AI adoption and experimentation at scale across the company,” an Uber spokesperson said as quoted in the report.

Times of India 7d ago

100 things to know for the 2026 NFL season ... 100 days out

We know you're already looking forward to the 2026 NFL season -- and it's getting closer and closer. As of June 1, there are officially 100 days until the season opener. So we're using this opportunity to dig into 100 big things to know.

ESPN 8d ago