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Two Uber vehicles together
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ride or dine

Uber wants customers to bulk buy rides, restaurants to batch cook value meals

The company is already making more trips and deliveries than ever.

Tom Jones

Whether you’re a delivery fiend with a penchant for a popular dish from a local spot, or you’re someone who makes the same monotonous cab ride multiple times a month, Uber wants to make your routine a little cheaper.

Yesterday, the company announced a raft of changes across its services, with The Verge presenting one new feature — where riders can bulk buy 5, 10, 15, or 20 passes for the same route at a discounted rate — as an attempt to “chip away at the perception that its ride-hailing service is too expensive.”

Similarly, “Meal Deals,” a new Uber Eats offering, is also designed to save users a bit of cash, with a range of popular dishes prepped in batches at local restaurants priced at $15 or less, including fees.

With a renewed focus on its power customers, Uber’s latest initiatives might help the company book a few extra trips. However, its riders and drivers are already busier than ever, with the number of deliveries and taxi rides booked through Uber hitting record highs as it is.

Uber trips chart
Sherwood News

In 2018, Uber was clocking just over 1.1 billion “trips” (a composite measure of the number of rides and food delivery orders completed on the platform) in the first three months of its fiscal year. In the last quarter, it notched almost 3x more than that, as users hopped into cabs and ordered private burrito taxis a staggering 3.27 billion times on the platform across Q2.

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Tom Jones

Demis Hassabis, Google DeepMind’s CEO and founder, was also an early Anthropic investor

A chess prodigy and an actual a knight of the realm in the UK, it’s perhaps no surprise that Demis Hassabis has made some strategic moves about his exposure to AI upside. According to people familiar with the matter, the influential AI architect became an angel investor in Anthropic, currently behind many of the leading AI models, per Arena AI leaderboards.

The Nobel Prize winner’s position in the Claude creator was previously undisclosed and, per the Financial Times, highlights Hassabis’ “growing influence across the AI industry.”

Google, which bought DeepMind, the company that Hassabis cofounded and heads to this day, for a reported ~$400 million in 2014, is also a key Anthropic investor. The tech giant reportedly plans to invest up to $40 billion in the AI company as part of the mutually beneficial relationship the pair have forged, with reports that Anthropic has committed to spending $200 billion in the other direction on Google’s cloud services over the next five years.

Im playing all sides, so I always come out on top

In addition to his financial support for Anthropic, Hassabis has also invested in a range of AI startups launched by colleagues, such as Inflection AI, a company set up by DeepMind cofounder Mustafa Suleyman (who is now CEO of Microsoft AI), as well as efforts from other collaborators, like David Silver’s Ineffable Intelligence.

Hassabis also emerged as a recurring figure on the fringes of the recent Elon Musk v. Sam Altman trial, cropping up repeatedly in testimonies and court documents and appearing to live, as The Verge put it, “rent-free” in Musk’s head.

Founded in 2021, Anthropic has recently raised funding at a reported $900 billion valuation, sending it soaring ahead of competitor OpenAI.

The Nobel Prize winner’s position in the Claude creator was previously undisclosed and, per the Financial Times, highlights Hassabis’ “growing influence across the AI industry.”

Google, which bought DeepMind, the company that Hassabis cofounded and heads to this day, for a reported ~$400 million in 2014, is also a key Anthropic investor. The tech giant reportedly plans to invest up to $40 billion in the AI company as part of the mutually beneficial relationship the pair have forged, with reports that Anthropic has committed to spending $200 billion in the other direction on Google’s cloud services over the next five years.

Im playing all sides, so I always come out on top

In addition to his financial support for Anthropic, Hassabis has also invested in a range of AI startups launched by colleagues, such as Inflection AI, a company set up by DeepMind cofounder Mustafa Suleyman (who is now CEO of Microsoft AI), as well as efforts from other collaborators, like David Silver’s Ineffable Intelligence.

Hassabis also emerged as a recurring figure on the fringes of the recent Elon Musk v. Sam Altman trial, cropping up repeatedly in testimonies and court documents and appearing to live, as The Verge put it, “rent-free” in Musk’s head.

Founded in 2021, Anthropic has recently raised funding at a reported $900 billion valuation, sending it soaring ahead of competitor OpenAI.

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