Topic
corporate-spending
7 stories related to this topic, newest first.
ai17 days ago
RBC Survey Shows Corporate AI Budgets Rising With OpenAI Leading Use
A semiannual RBC Capital Markets poll of more than 100 chief information officers found every respondent allocating funds to AI projects. OpenAI tools topped usage and performance rankings while hybrid pricing models gained favor.
Al Jazeeraai29 days ago
Big Tech plans $740 billion in AI spending while announcing over 118,000 layoffs
Companies announced a 69 percent jump in capital expenditures while cutting more than 118,000 jobs. Adoption of AI tools reached 18 percent of U.S. firms by the end of 2025.
technology33 days ago
Companies impose spending caps on AI tools after price increases
Firms including Coinbase and Walmart have introduced usage limits and weekly price caps on AI tools following billing changes by OpenAI, Anthropic, and GitHub. Executives report that token-based pricing has raised costs and prompted tighter internal controls.
hackaday.comworld36 days ago
Company Reports Using Full-Year AI Budget in One Quarter
The company stated it spent its entire annual AI allocation during a single quarter. Officials attributed the faster pace to higher code output from developers in India.
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Semaforai45 days ago
Company Spent $500 Million on Claude AI After Omitting Spending Limits
An unnamed company incurred a $500 million bill for Claude AI usage in a single month. The expense resulted from the absence of spending caps on employee accounts.
Semaforai46 days ago
Companies reassess AI spending as IT costs rise
Businesses report higher technology expenses after expanding AI use. Some firms have exhausted annual AI budgets within months, while others continue large investments.
usatoday.comworld68 days ago
DoorDash to Spend Over $50 Million on Gas Price Relief for Drivers
DoorDash said it expects to spend more than $50 million in the second quarter to provide gas price relief for its delivery drivers. The company announced the plan on Wednesday as fuel costs remain a factor for independent contractors using personal vehicles. The expenditure cover…