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NEA’s Tiffany Luck says enterprises are still figuring out their AI ROI
Enterprises are still figuring out AI ROI as the trend of tokenmaxxing led to overspending, with companies like Uber exhausting their AI budgets and others cutting licenses or discontinuing initiatives like Meta's internal leaderboard.
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Adjacent reporting
- Ubers COO says its getting harder to justify the money spent on AI tokenmaxxing
- Companies are scrambling to curtail soaring AI costs
- Satya Nadella is trying to rein in the tokenmaxxers at Microsoft
- 'Nobody has budgeted' for tokenmaxxing, Box’s Levie says
- The AI metric one company says managers should stop caring about