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Uber reports Q2 revene up 18% YoY to $12.7B, Gross Bookings up 17% YoY to $46.8B, trips up 18% YoY to 3.3B, income up 82% YoY to $1.5B, and a $20B share buyback (Financial Times)

Financial Times : Uber reports Q2 revene up 18% YoY to $12.7B, Gross Bookings up 17% YoY to $46.8B, trips up 18% YoY to 3.3B, income up 8...

23 January 2025

A profile of Chinese AI lab DeepSeek, which says its new open-source DeepSeek-V3 model rivals US models while using fewer AI chips to train, costing just $6M (New York Times)

New York Times:
A profile of Chinese AI lab DeepSeek, which says its new open-source DeepSeek-V3 model rivals US models while using fewer AI chips to train, costing just $6M  —  The company built a cheaper, competitive chatbot with fewer high-end computer chips than U.S. behemoths like Google and OpenAI, showing the limits of chip export control.

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