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Quartz·1 min read·medium

Investor warns that hidden AI overspending inside companies is about to hit earnings

Cris Tolomia
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Venture capitalist Chamath Palihapitiya warns that corporations are facing a hidden financial risk due to unmonitored spending on AI tokens. He suggests that many companies lack visibility into the cumulative costs of their AI usage, which could negatively impact future earnings reports.

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Venture capitalist Chamath Palihapitiya says CEOs and CFOs have no idea how much AI token spending is accumulating inside their companies

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