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A mysterious, unnamed company is reported to have accidentally spent half a billion dollars in a single month on Claude AI after forgetting to set usage limits for Claude licenses for employees. The staggering revelation was made as part of a new Axios report that claims U.S. corporations are starting to feel the pinch of overzealous AI spending.

GO DEEPER WITH TH PREMIUM: AI AND DATA CENTERS

Photonics and high-speed data movement is the next big AI bottleneck