AMD CIO Hasmukh Ranjan estimates employee AI token usage could cost companies up to $900 million annually, a hidden expense many CEOs cutting jobs over AI are overlooking. Companies are cutting staff citing AI, while the AI itself incurs significant token costs, sometimes exceeding the cost of human employees.
Disney is urging its engineers to use AI tools like Claude and Cursor efficiently, focusing on productivity and speed while minimizing unreliable AI-coded products. The company tracks AI token usage to prevent "tokenmaxxing" and maintain code quality.
Meta is globally launching its AI customer support bot, Meta Business Agent, within WhatsApp to help small and medium businesses with tasks like answering questions, recommending products, booking appointments, and qualifying leads. The company plans to integrate this AI into its WhatsApp Business Premium subscription and is developing custom agent capabilities for larger enterprises.
China is building a "national computing network" to treat AI infrastructure as a public utility. Tokens, the units processed by AI, are likened to mobile data, with daily calls exceeding 140 trillion in March. This initiative is part of Beijing's "six networks" plan, with expected investment over 7 trillion yuan this year.
ByteDance’s Volcano Engine, the cloud unit that released an OpenClaw-based cloud agent tool ArkClaw, is betting that the next phase of artificial intelligence will hinge on cheaper tokens, higher inference efficiency and longer context windows. “Agent-related token consumption still accounts for a single-digit percentage of total token usage, but it is growing,” said Li Guodong, chief architect of ArkClaw, on Tuesday on the sidelines of OpenClaw’s first mainland China event since the open-source...
Infosys CEO Salil Parekh believes AI will reshape India's IT pyramid model, creating more opportunities than job losses. The company is adapting hiring and training to integrate AI, seeing a $300 billion market. While the shift to a specialized talent structure will be gradual, Infosys is encouraging AI token usage to drive client growth and efficiency.
Alibaba's cloud and AI division is projected to see accelerated revenue growth in the March quarter, driven by rising token usage and recent service price increases.
