Uber keeps AI spending stable using cheaper models and employees tracking cost, CFO says

Uber is applying AI in lots of small ways to its operations, CEO Dara Khosrowshahi said. Bloomberg/Getty Images Uber kept its AI spending "broadly stable" in the second quarter, its CFO said on Wednesday. The ride-hailing company is using cheaper models and asking employees to manage their spending. It's also making lots of small changes with AI instead of big swings, CEO Dara Khosrowshahi said. AI is reshaping Uber — gradually, and as it keeps a handle on AI spending. The ride-hailing company kept a lid on its token spending during the second quarter by "by setting better defaults for different use cases," using lower-cost models for some tasks, and "letting employees more clearly understand and manage their spend," CFO Balaji Krishnamurthy said in prepared remarks after the company reported quarterly earnings on Wednesday.