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Uber Missed Being in the Lead on Food Delivery, Says Former Exec

Jun.12 — Shares of Just Eat Takeaway plunged since announcing it plans to buy Grubhub for $7.5 Billion in an all-stock deal, bringing the European food-delivery company into the brutally competitive U.S. Market. Uber had been in talks to buy Grubhub, but it didn’t happen. Uber Shareholder and Former Chief Business Officer Emil Michael discusses…

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Jun.12 — Shares of Just Eat Takeaway plunged since announcing it plans to buy Grubhub for $7.5 Billion in an all-stock deal, bringing the European food-delivery company into the brutally competitive U.S. Market. Uber had been in talks to buy Grubhub, but it didn’t happen. Uber Shareholder and Former Chief Business Officer Emil Michael discusses what he says was Uber’s massive strategic failure in not trying to own U.S. food delivery earlier. He speaks exclusively on “Bloomberg Technology.”

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4 Comments

4 Comments

  1. Cameron Cowan

    June 12, 2020 at 11:21 pm

    Who still uses grubhub? If anything Uber has to worry about DoorDash but most people I know use Uber Eats…

  2. Doug InOrlando

    June 13, 2020 at 2:02 am

    Emily has such a beautiful name … naturally poetic. But then it could be observer bias because Emily’s voice is like poetry, beautiful flowing rhythm with so much sincere feeling. She is a joy to hear.

  3. Adam Gordon

    June 13, 2020 at 2:21 pm

    Not sure this guy should be smirking about leaving Uber after going to a strip club..

  4. Guilber Sorto

    June 13, 2020 at 4:31 pm

    I love how uncomfortable this guy gets

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Bloomberg Technology

Crusoe CEO: Data Center Indusry Has a ‘Marketing Issue’

Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and…

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Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and pushes back against growing opposition to data centers, arguing the industry has a “marketing issue” and needs to better communicate its impact on water, jobs and local tax revenue. He joins Ed Ludlow on “Bloomberg Tech.”
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Former FTC Technologist Warns Against an AI ‘Cartel’

As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and…

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As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and liability laws already provide tools for addressing harms caused by AI. He joins Ed Ludlow on “Bloomberg Tech.”
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Anthropic Investor Franklin: AI Safety Concerns Won’t Slow Spending

Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why…

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Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why heightened AI safety concerns could boost demand for cybersecurity and why she doesn’t expect the debate to derail funding or anticipated AI IPOs. She joins Ed Ludlow on “Bloomberg Tech.”
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