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Waymore miles: Waymo reported more autonomous miles than any other manufacturer

Waymore miles: Waymo reported more autonomous miles than any other manufacturer

Waymore miles

Cruise's difficulties are undoubtedly a setback for the industry — and Cruise’s owner General Motors — but it's important to get some perspective on all of the progress that has been made. According to reports filed with California’s DMV, autonomous vehicles racked up nearly 5.7 million miles of driving last year. The vast majority, 5.1 million or so, were done with a safety driver present, in case of the need to intervene. Cruise managed the second most miles, but it was Waymo, the self-driving arm of Google (Alphabet), that reported the most mileage in its report: an astonishing ~2.9 million miles.

For context on just how far that is, it’s roughly equivalent to driving from LA to New York and back again, more than 500 times. Other leaders in the industry that racked up significant mileage included Zoox, Pony.ai and Apple — the latter of which continues to work on AV technology in its typically secretive fashion.

Tesla is the other major player in self-driving technology in the US, but the company defines its FSD (Full Self-Driving) beta as a “driver-assisted” technology, rather than a full autonomous vehicle, allowing it to skip the official reporting of any testing to the state of California. But, Tesla’s own reports suggest that more than half a billion (with a b) miles have now been covered by Tesla’s FSDbeta.

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OpenAI has an army of ex-investment bankers making financial models to train ChatGPT

OpenAI is looking for its killer app for the business world. After all, you can only sell so many $20 monthly subscriptions to consumers — which currently accounts for 70% of its $13 billion annually recurring revenue.

Bloomberg is reporting that OpenAI is beefing up ChatGPT’s financial chops to target the deep pockets of the banking industry.

According to the report, “Project Mercury” has lined up over 100 former investment bankers getting paid $150 an hour to help teach OpenAI’s models how to do the grueling work of junior bankers, including tweaking PowerPoint slides and building financial models in Microsoft Excel.

According to the report, “Project Mercury” has lined up over 100 former investment bankers getting paid $150 an hour to help teach OpenAI’s models how to do the grueling work of junior bankers, including tweaking PowerPoint slides and building financial models in Microsoft Excel.

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Warner Bros. Discovery just raised the price of HBO Max

Warner Bros. Discovery, which announced today it’s open to being bought, also said it’s raising prices on its HBO Max streaming subscribers.

Effective immediately for new customers and at the next renewal date for existing ones, subscribers to the ad-supported tier will pay an extra dollar a month ($10.99) and those who don’t want ads will see prices go up $1.50 a month (to $18.49). It joins the ranks of Disney, Apple, and NBC Universal, which also recently raised prices. WBD is also reportedly cracking down on password-sharing.

Here’s how the prices of their services compare now:

Here’s how the prices of their services compare now:

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Amazon aims to automate 75% of its operations and avoid hiring 600,000+ people

Amazon might be one of few companies hiring ahead of the holiday season, but the e-commerce giant hopes to limit headcount additions in the years ahead as it leans more deeply into automation, according to The New York Times’ interviews and a survey of internal documents.

Some numbers from the report:

  • Amazon thinks robots can help it forgo hiring more than 160,000 people in the US by 2027.

  • That would mean $0.30 in savings on each item that Amazon sells.

  • The company would ultimately like to automate 75% of its operations.

  • Automation could potentially lessen its hiring of humans by more than 600,000 by 2033.

  • It expects to sell 2x as many products in 2033.

  • Currently Amazon employs 1.2 million people.

Happy holidays!

  • Amazon thinks robots can help it forgo hiring more than 160,000 people in the US by 2027.

  • That would mean $0.30 in savings on each item that Amazon sells.

  • The company would ultimately like to automate 75% of its operations.

  • Automation could potentially lessen its hiring of humans by more than 600,000 by 2033.

  • It expects to sell 2x as many products in 2033.

  • Currently Amazon employs 1.2 million people.

Happy holidays!

tech

Apple closes at record high for first time in 2025

After spending the day at intraday highs, Apple set an all-time closing high of $262.24 Monday, following reports of increased iPhone 17 sales and an analyst upgrade. Loop Capital raised its price target to a Street high of $315.

The stock’s previous all-time closing high was in December 2024.

Apple reports its fiscal year 2025 results later this month, during which analysts expect the company’s all-important iPhone sales to return to growth.

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