Uber appears to have a good problem: The company says it has more customer demand for rides in the U.S. than its current drivers can handle. On Wednesday the company shrewdly published a blog post announcing $250 million worth of cash it plans to dole out to U.S.-based drivers in the form of financial incentives, which are usually based on factors such as how many rides they handle for Uber, and...
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The Briefing cloud ai
Amazon’s Anthropic Deal Signals Cloud Sector Turbulence
You know the cloud industry is in upheaval when industry leader Amazon Web Services has to copy a tactic used by its smaller rivals to compete more effectively. The Amazon unit’s decision on Monday to invest up to $4 billion in AI startup Anthropic, as part of a broader deal in which AWS becomes the startup’s “primary cloud provider,” looks a lot like the type of equity-for-business deals AWS...
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