AI spend per employee slumped at top firms in August — summer doldrums or a warning sign?

September 9, 2026 Tim Fernholz

Falling token costs, cheaper models, and less spend per employee — AI adoption isn't playing out the way hyperscalers hoped.

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Uber invests $10M in Indian fleet operator Carrum at $168M valuation
Uber invests $10M in Indian fleet operator Carrum at $168M valuation

Carrum Mobility operates about 5,100 vehicles in India and is Uber's largest fleet partner for its premium ...

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Group of bipartisan lawmakers ask US government to ban several hack-for-hire firms
Group of bipartisan lawmakers ask US government to ban several hack-for-hire firms

The three Indian companies are accused of using hackers to steal information used to sway litigation.

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