DoorDash CEO Tony Xu revealed that AI agents have placed only several hundred orders on the platform, a number that pales in comparison to the 993 million orders the company handled in the third quarter alone. Revenue reached $4.6 billion, up 34 percent, while net income climbed 91 percent to $466 million. Despite years of experimenting with AI-powered tools, the results have been underwhelming, and humans remain the primary users of the food ordering platform.
Key Takeaways
- DoorDash AI agents placed only several hundred orders vs. 993 million total in Q3
- DoorDash Q3 revenue rose 34% to $4.6 billion, net income up 91% to $466 million
- Elon Musk warns 200+ neoclouds may fail as financing tightens
- CoreWeave had a $104 billion revenue backlog at end of Q2 2026
- Intel stock plunged 20% after Q4 revenue forecast missed Wall Street expectations
- Intel Q3 revenue rose 21% to $16.5 billion on data center chip demand
- 85% of businesses run more AI agents than they have approved human owners
- Reddit blames Google AI for traffic loss and tests new login rules
- Hawaiian hotels rebuild websites to be discoverable by ChatGPT and other AI travel tools
- Interactive Brokers adds autonomous trading and AI screeners via Connector update
DoorDash says AI agents placed only hundreds of orders out of 993 million
DoorDash CEO Tony Xu revealed that third-party AI agents have generated only several hundred orders since launching. The company handled 993 million orders in the third quarter alone. Customers still mostly order through the DoorDash app. The company reported revenue of $4.6 billion, up 34 percent. Net income rose 91 percent to $466 million.
DoorDash reveals AI agent order numbers are very small
DoorDash shared that AI agents have placed only a few hundred orders through its platform. The company handled 993 million orders in the third quarter. Shares closed at $179.00, up 5.61 percent. The stock had a market value of about $73.2 billion. CEO Tony Xu said the main use case remains the DoorDash app.
Few people use AI agents to order on DoorDash
DoorDash co-founder and CEO Tony Xu said basically no one is using AI agents to order food. The company has only seen hundreds of orders placed through outside AI agents. DoorDash has been experimenting with AI-powered tools for several years. The results have been underwhelming. Humans remain the primary users of the food ordering platform.
Elon Musk warns many neoclouds may fail as financing tightens
Elon Musk warned that more than 200 neocloud providers could face widespread failures. These companies supply computing power for AI models. Building that capacity requires large investments in chips, data centers, and electricity. CoreWeave and Nebius are key neoclouds. CoreWeave had a revenue backlog of about $104 billion at the end of the second quarter of 2026.
Elon Musk predicts neocloud shakeout creates investor risks
Elon Musk, CEO of Tesla and Space Exploration Technologies, warned about neocloud failures on October 25. Neoclouds rent computing capacity powered by advanced processors. Supplying computing power is expensive and relies heavily on debt. Investors are advised to look beyond neoclouds. Established companies like Microsoft, Amazon, and Alphabet also offer AI opportunities.
Intel stock drops 20% as AI boom hurts PC chip sales
Intel reported revenue up 21 percent to $16.5 billion in the third quarter due to strong demand for data center chips. However, the company projected fourth quarter revenue of $15 billion to $16 billion, below Wall Street expectations of around $17 billion. AI demand caused a shortage in memory chips, raising costs for PC makers and reducing computer sales. Intel's stock plunged 20 percent in after-hours trading following the announcement.
Reddit blames Google AI for traffic loss and tests login rules
Reddit is blaming Google's AI for a decline in its website traffic. The company is also testing a new sign-in requirement for users. The changes come as AI tools change how people find and access content online. Reddit is taking steps to protect its user data and engagement.
New study shows 85% of AI agents lack owners in businesses
A new report reveals that 85 percent of businesses run more AI agents than they have approved human owners. Security leaders worry that agents perform correct tasks in the wrong places, with 75 percent citing this as a major concern. Most agents enter companies through unapproved channels like browser add-ons. Experts say companies must focus on environmental containment rather than just assigning human owners to stop rogue AI behavior.
Hawaiian hotels update websites as travelers use AI for trip plans
Travelers increasingly use AI tools like ChatGPT to plan trips to Hawaiʻi, forcing tourism businesses to change their strategies. A visitor's AI-generated itinerary included a restaurant that had been closed for six months. Hotels must now keep websites updated with current hours and prices so AI assistants can find them. Castle Resorts and Hotels rebuilt its website using AI to be discovered by these new travel planning tools.
RACE framework improves AI training with adaptive reward rules
Researchers introduced RACE, a Reward-Adaptive Co-Evolution framework for training AI systems. The method automatically adjusts how policies and rubrics are updated during learning. It routes training signals to informative groups and ignores failed ones. RACE achieved the highest average performance and outperformed fixed-alternation baselines on all eight test tasks.
Dan Ives says AI disruption is on full display in tech earnings
Tech analyst Dan Ives says AI disruption is clearly visible in tech earnings. He believes 2027 will be a key year when AI monetization starts to justify the heavy spending by tech companies. He pointed to cloud growth and capital spending as important signs to watch. Shares of Amazon, Intel, and SanDisk fell after their earnings reports. Ives kept his bullish view on AI despite market volatility.
Interactive Brokers expands AI tools with Connector update
Interactive Brokers announced a new update to its Connector platform. The update adds AI-powered tools like autonomous trading, earnings analysis, and AI screeners. These tools help users make better trading decisions. CEO Thomas L. Fitzpatrick said the update supports the company's goal of giving investors advanced trading capabilities. The platform is available to all clients through the website or mobile app.
Privacy-focused AI assistant Ollie is shutting down
Ollie, a startup that built a privacy-focused AI assistant, will shut down in a week. Co-founder and CEO Bill Lennon said the team built an impressive product but could not keep up with growing competition from apps like Muse and Instinct. Ollie was one of the first mainstream AI assistants to achieve SOC 2 privacy compliance. Customers will receive instructions to export their data and get refunds in the coming days.
Sources
- Out of 993 Million DoorDash Orders, AI Agents Only Placed a Few Hundred
- Out of 993 Million DoorDash Orders, AI Agents Only Placed a Few Hundred
- Basically no one is using AI agents for their DoorDash orders
- Elon Musk Thinks Many Neoclouds Will Fail. Here's What AI Investors Should Do.
- Elon Musk Thinks Many Neoclouds Will Fail. Here's What AI Investors Should Do.
- Intel’s Shares Plunge 20% as A.I. Hinders Some Parts of Its Business
- Reddit blames Google AI for traffic fall, tests sign-in requirement
- The 85% Ownership Gap: How to Contain Shadow AI Agents in the Enterprise
- Hospitality businesses adapt as travelers use AI to build their itineraries
- Reward-Adaptive Co-Evolution of Policy and Rubric
- Dan Ives Says AI Disruption Is ‘On Full Display’ In Tech Earnings, Sees 2027 As Inflection Year
- Interactive Brokers stock expands AI tools through Connector update
- Ollie, a privacy-focused AI assistant, is shutting down
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