“You might expect costs to rise as adoption accelerates,” Praveen Neppalli Naga said. “We’ve seen the opposite.”

Praveen Neppalli Naga said AI adoption at the company has quadrupled, but the efficient use of AI is now being prioritized.

Uber’s CTO says the phase of maximal AI spending, or tokenmaxxing, is drawing to a close, as enterprises start demanding a return on their soaring token bills.