Uber, Microsoft, and Priceline are scrambling after AI token bills spiralled. The Linux Foundation is launching a Tokenomics Foundation to bring cost discipline to AI spending.

Anthropic just closed a $65 billion Series H at a $965 billion valuation. The same week, one of its enterprise customers accidentally spent $500 million in a single month on its…

Companies including SpaceX, Anthropic and OpenAI are seeking fresh capital as AI development costs soar, with some losing billions while public giants like Google, Meta and…