AI is reshaping Uber — gradually, and as it keeps a handle on AI spending. The ride-hailing company kept a lid on its token spending during the second quarter by “by setting better defaults for different use cases,” using lower-cost models for some tasks, and “letting employees more clearly understand and manage their spend,” CFO
U.S. President Donald Trump said a deal to reopen the Strait of Hormuz could come as early as Wednesday, as Iran and Oman inched toward an agreement on the critical waterway that could ease pressure on the global economy and potentially help bring an end to the war. The U.S., along with Israel, launched the war on Feb. 28,
Disney CEO Josh D’Amaro congratulated employees after a strong quarter — and outlined his plans for Disney+ and AI. “Our performance reflects the strength of our businesses, the enduring power of our stories and brands, and, most importantly, the extraordinary work you do every day,” D’Amaro said in a memo viewed by Business Insider. D’Amaro shared
Scott Bessent has some good news for consumers this morning: The K-shaped economy is officially over! Consumers on the lower end of the income spectrum are no longer being left behind by their richer counterparts, he insists. The Treasury Secretary said he is “sick of hearing about this K-shaped economy,” during a CNBC interview yesterday,
Ads designed to influence AI agents rather than human consumers are emerging as a new marketing channel. They’re also opening up a new brand safety battleground. The big outstanding question: Once the AI platforms get wise to brands advertising to their crawlers, will they play ball or try to stamp out the practice? Here’s an
➡️ Did someone forward you this email? If you would like to receive this information directly, every morning before the markets open in New York, sign up here. ONE BIG THING Elon Musk delivers ‘totally nuts’ ‘super sci-fi’ ‘ridiculously profound’ plan for moon robots—and the stock tanks They bought the rumor and sold the news:
