Uber (UBER) Q2 2025 earnings

Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Uber reported second-quarter results on Wednesday that beat on revenue and announced the authorization of a $20 billion stock buyback. Here’s how the company did versus analysts’ estimates compiled by LSEG: Earnings per…

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Tesla signs $16.5B deal with Samsung to make AI chips

Tesla has signed a $ 16.5 billion deal to get the next generation chips from Samsung. “Samsung’s veteran will be dedicated to the new Texas Fab Tesla’s next generation AI6 chip,” Elon Musk Posted On the late Sunday evening at X. “Its strategic significance is difficult to overstate.” Tesla’s AI6 (aka hardware 6) chip is…

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DOGE has built an AI tool to slash federal regulations

The government’s efficiency department expects to use a new AI tool to eliminate half of the regulatory mandate of the federal government, According to Washington Post, with citing a reference A powerpoint presentation On 1 July, the post reports that the DOGE AI Deragulation Decision Equipment has to analyze around 200,000 federal rules and identify…

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