Token Billing Exposes AI's Missing ROI And Puts Billion-Dollar Bets At Risk

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 models after failing to set spend limits. The gap between those two numbers is the story. For most of the generative AI era, enterprise pricing was subsidized and opaque. Flat-fee subscriptions absorbed unlimited token bur
Source
Forbes
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