BUSINESSSEMAFOR
Companies evaluate aggressive AI spending as costs pile up
Companies are re-evaluating aggressive AI spending as rising IT costs outweigh expected productivity gains. Uber exhausted its 2026 AI budget in four months due to Claude Code usage, while another company spent half a billion dollars without usage caps. Despite these concerns, some firms, like a major US law firm, continue investing heavily in AI.
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- Corporate America enters its AI reckoning
- OpenAI Fell Short of Its Own Targets as Compute Costs Piled Up: Report
- AI can cost more than human workers now
- Microsoft lifts 2026 AI spend by $25 billion to cover component price rises
- Uber president says AI spending is getting ‘harder to justify’
- Uber Torches 2026 AI Budget on Claude Code in Four Months