Search results for Dara Khosrowshahi
Crypto
CZ warns most AI companies will fail as Anthropic and OpenAI valuations soar
Binance founder Changpeng Zhao warned that many of today’s AI companies will eventually disappear, even as the sector continues to grow exponentially. He said survivors could face sharp price swings and that only a few long-term winners may emerge after an early funding rush. His comments come as valuations jump at private AI firms such as Anthropic and OpenAI, while questions persist over profitability and heavy spending.
AI & Enterprise
Uber burns through AI budget in four months, says results hard to prove
Uber, which is reported to have used up its AI budget in four months, has raised questions about tangible returns from its AI spending. President and Chief Operating Officer Andrew Macdonald (앤드루 맥도널드) said he cannot find a link between higher Claude Code token consumption and more useful consumer features. Uber spent $3.4 billion on R&D in 2025, up 9 percent, and CEO Dara Khosrowshahi said increased AI spending is being funded by hiring fewer people.
AI & Enterprise
Uber says it is no longer just a ride-hailing app, pushes into travel and lodging
Uber has introduced a feature that lets users book hotels directly in its app, expanding beyond ride-hailing into broader travel services, TechCrunch reported on April 29. The company unveiled the feature at its annual Go-Get event in New York and partnered with Expedia Group to support bookings at more than 700,000 hotels worldwide. Uber One members can receive discounts at select hotels and earn Uber credits. Uber also rolled out AI voice booking and other travel-related tools.
