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Uber and DoorDash bet on higher earners. It’s paying off big.

Black-car rides, paid memberships, and other offerings for affluent consumers are paying off for Uber, Instacart, and other gig-based services. Loading audio narration… Despite rising gas prices and consumers trimming their budgets, many people are still spending on ride-hailing and food delivery, according to companies’ latest earnings results. Uber, DoorDash,…

Sam Altman’s AI infrastructure bet is paying off, but the bill is coming

In early December, Anthropic’s CEO, Dario Amodei, suggested that some rivals were overextending themselves in AI compute. Loading audio narration… “There are some players who are YOLOing,” Amodei said, hinting that rival OpenAI had signed too many AI compute deals and might struggle to afford them.But as demand surges and…

Papier’s CEO bet on analog, and it’s paying off

In a world dominated by screens, Papier CEO Taymoor Atighetchi believes stationery has become a quiet form of escape. Loading audio narration… Founded in 2015, stationery brand Papier has grown from a UK startup into a company serving 2.5 million customers globally. It doubled sales between 2022 and 2025, generating…

Apple’s CEO pick is a bet on hardware in the AI age

Apple is going back to what it does best with its new CEO pick. Loading audio narration… On Monday, the iPhone maker announced that Tim Cook is stepping down as CEO on September 1. John Ternus, Apple’s senior vice president of hardware engineering, will take the helm.Ternus joined the company…