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Across the industry, companies are starting to balk at the price of AI. Uber blew through its entire 2026 AI coding budget by April. Microsoft revoked its developers’ Claude Code licenses months after enabling them. A Priceline employee told TechCrunch that a routine Cursor contract renewal came back 4-5x more expensive. Even though per-token prices…
Days after Meta shut down its internal “tokenmaxxing” dashboard following news of the AI leaderboard leaking to the press, LinkedIn co-founder and venture capitalist Reid Hoffman came out in support of the concept that’s recently taken Silicon Valley by storm. An AI token is a small chunk of data that an AI model processes when…