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Cat9
@cat9.bsky.social

#AI No one ever wants to give a technology team a blank check. Yet for many CFOs, that’s exactly what they were asked to do in the early rush to embrace AI. Now, after one-too-many surprise bills, finding a way to control costs has become an imperative. www.bloomberg.com/news/article...

bloomberg.comSoaring AI Bills Are Vexing Wall Street ExecutivesThe trajectory of computing costs is alarming finance chiefs already struggling to put a price tag on AI.

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Cat9
@cat9.bsky.social

bsky.app/profile/jess...

Jesse Felder@jessefelder.com

‘Circularity seen among AI hyperscalers and model providers also extends to token spending, as the startups buying the most compute are paying for it with venture capital rather than organic earnings.’ www.apollo.com/wealth/insig...