Bill Gurley points out that the AI wave has caused many people to rapidly accumulate wealth, forming a bubble, and he anticipates a reset is coming. He advises investors to focus on undervalued SaaS stocks, as the current software sector is being impacted by AI, with related company stock prices declining significantly. Meanwhile, he expresses concern about the high cash burn rate of leading AI companies.

ChainCatcher News, former Uber and Lyft executive Travis VanderZanden announced the launch of a Bitcoin-linked savings token BUCK, which aims to provide users with an approximate 7% target annualized return.

BlockBeats News, December 12 — The official Raise Network team announced at the Solana Breakpoint conference that the Raise Smart Cards project has chosen Solana as the infrastructure to build on-chain gift cards and loyalty ecosystems. The on-chain intelligent gift card system will support loyalty rewards for brands such as Uber and Fanatics, leveraging Solana's high-performance advantages.

Ethereum founder Vitalik Buterin responded to Uber founder Travis Kalanick's views on food delivery tips, advocating for more transparent user interface design to protect user interests and avoid the hassle of hidden fees. Kalanick believes that tips are a profit-making tactic that exploits psychology.

PANews, November 3, news reported by The Information, the prediction market Kalshi has hired former Uber executive Tejwani as its first Chief Financial Officer.