Month: October 2024

Uber (UBER) Q3 2024 earnings

Uber reported third-quarter results on Thursday that beat Wall Street’s expectations for revenue but missed on analysts’ projections for gross bookings. Shares of the company were down more than 7% on Thursday morning. Here’s how the company did: Earnings per share: $1.20 vs. 41 cents expected by LSEG. Revenue: $11.19 billion vs. $10.98 billion expected […]

OpenAI’s Transcription Tool Hallucinates. Hospitals Are Using It Anyway

On Saturday, an Associated Press investigation revealed that OpenAI’s Whisper transcription tool creates fabricated text in medical and business settings despite warnings against such use. The AP interviewed more than 12 software engineers, developers, and researchers who found the model regularly invents text that speakers never said, a phenomenon often called a “confabulation” or “hallucination” […]

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