Categories: Top Stories

AMD CIO raises a $900 million AI spending point many CEOs cutting jobs are missing

AMD CIO Hasmukh Ranjan has flagged a hidden AI cost most CEOs are ignoring: employee token usage that could run up a $900 million annual bill. As companies lay off staff citing AI, the technology meant to replace workers is racking up huge expenses of its own. After a year of pushing “tokenmaxxing,” firms like Meta, Uber and Microsoft are now scrambling to cap AI spending.

The News Vista

Share
Published by
The News Vista

Recent Posts

‘Don’t cut salaries’: Govt’s clear directive to companies as EPF wage ceiling rises

On September 17, the government increased the EPFO wage threshold from Rs 15,000 to Rs…

1 hour ago

Indianapolis man built $13m fortune; estate gave $1.6m to classroom charity

Terence Kahn, who lived a remarkably simple life, amassed over $13 million before his death…

1 hour ago

Captain Smit Machchhar: A steady hand, in and out of the cockpit

As Capt Smit Machchhar recovers in hospital, those who know him recall the pilot, teacher…

1 hour ago