How to not Lose $500M via API Bills: Run Private AI for 100 Engineers Under $1 Million (opens in new tab)

Last week a company nobody can name spent $500 million in a single month on Anthropic's Claude API. Not $500K. Not $5M. Half a billion dollars. In one month. Because nobody set a spending limit. Uber burned through its entire 2026 AI coding budget by April. Four months into the year, done. Microsoft quietly cancelled its internal Claude Code licenses and told engineers to go back to GitHub Copilot. All three stories broke within days of each other, and they all point to the same thing. Token-...