WorkThe story, in brief
NEA’s Tiffany Luck says enterprises are still figuring out their AI ROI
Tokenmaxxing is dead. Uber burned through its entire annual AI budget in months—and enterprises are quietly pulling back.
The KeyNews take
Why it matters
After a wave of aggressive AI adoption driven by 'tokenmaxxing,' enterprises are hitting ROI reality and cutting spending. A venture investor's perspective on why the easy wins are gone and enterprises must now prove business value.
The key facts
5 to knowUber blew through annual AI budget in months
Some companies cut Claude licenses for parts of org
Meta killed internal leaderboard
NEA venture investor commentary on enterprise AI ROI
Shift from aggressive adoption (tokenmaxxing) to cost discipline
Go to the source
TechCrunch AItechcrunch.com
Publisher excerpt: Tokenmaxxing was the hottest trend in Silicon Valley earlier this year, with CEOs encouraging employees to push AI usage as far as it would go. Then the bill came due. Uber reportedly blew through its annual AI budget in a few months, some companies cut Claude licenses for parts of their org, and…