Uber Burned Its Entire 2026 AI Budget by April
Uber's CTO admits the company has exhausted its full-year AI spending allocation in four months, driven by runaway Claude Code adoption across 95% of engineers.
Daniel Okafor
AI Industry & Policy Reporter
Daniel is a tech reporter who covers the business side of artificial intelligence - funding rounds, corporate strategy, regulatory battles, and the power dynamics between the labs racing to build frontier models. Before joining Awesome Agents, he spent four years at Reuters covering the intersection of technology and finance, with a particular focus on how venture capital shapes the AI industry.
He holds a degree in Economics from the London School of Economics and a postgraduate diploma in Journalism from City, University of London. His economics training shows in his reporting: he follows the money, reads the filings, and is skeptical of growth narratives that do not come with numbers attached.
At Awesome Agents, Daniel covers AI industry news with an emphasis on deals, policy, competition, and market dynamics. He is especially interested in the geopolitics of AI - export controls, chip restrictions, and the US-China-EU regulatory landscape. His reporting tends to focus on who benefits, who pays, and what the incentives actually are.
Based in London, UK.
Articles by Daniel Okafor
The Claw Security Ledger - 10 Products in the Dock
We audited ten AI agent products sold under the Claw name. The ledger shows 11 live CVEs, 130 published advisories, 1,184 malicious marketplace skills, and one leaked SSL private key - concentrated almost entirely in a single vendor.
AI Labs Are Losing Billions - Here's Who Really Pays
OpenAI burned $2.5B in cash on $4.3B of revenue in the first half of 2025. Anthropic cut its gross margin forecast from 50% to 40%. Here's the compute subsidy math behind every AI subscription, and who's actually paying for it.
Anthropic Passes OpenAI in Revenue at $30B ARR
Anthropic's annualized revenue crossed $30 billion in April 2026, topping OpenAI's $24 billion run rate and marking the first time a rival has outpaced OpenAI in the generative AI race.
Fermi CEO and CFO Exit - $20B Nuclear AI Bet Implodes
Fermi America's CEO and CFO both departed as the nuclear-powered AI data center startup collapsed 83% from its IPO high with no revenue and no anchor tenant.
Tesla Hid Thousands of Fatal Autopilot Incidents, RTS Says
Swiss broadcaster RTS reopens the 2023 Tesla Files leak in context of the confirmed $243M Miami verdict. The combined record: 2,400+ concealed sudden-acceleration complaints, 1,000+ undisclosed crashes, and a federal court that found Tesla knew.
NSA Uses Mythos Even as Pentagon Blacklists Anthropic
NSA is running Anthropic's Mythos Preview while the Pentagon - its parent department - formally brands Anthropic a supply chain risk and fights in court to keep the company out of federal systems.
Trump Says 'Who?' as His Own Staff Courts Anthropic
Dario Amodei met with Susie Wiles and Scott Bessent at the White House on April 17, while Trump - standing on a Phoenix runway - said he had 'no idea' about the meeting.
Cursor Targets $50B Valuation - Enterprise Now Pays the Bills
Cursor is in advanced talks to raise $2B+ at a $50 billion pre-money valuation, nearly doubling its November figure as enterprise clients drive 60% of revenue.
Google Bids for Pentagon's Classified Gemini Contract
Google is negotiating to deploy Gemini on classified Pentagon networks, the same tier Anthropic was blacklisted for refusing to serve without safeguards.
74% of AI's Gains Flow to Just 20% of Firms - PwC
A new PwC survey of 1,217 executives finds 74% of AI's economic returns go to just 20% of companies, while 56% of CEOs report no measurable benefit from their AI investments.
A Shoe Company Ditched Shoes for GPUs and Surged 373%
Allbirds sold its entire footwear business for $39 million - roughly 1% of its $4 billion peak valuation - and is rebranding as NewBird AI to buy GPUs and rent compute to AI developers. The stock quadrupled in a day.
