Following a report from Bloomberg on Uber, <a href="https://techcrunch.com/2026/06/02/uber-caps-employee-ai-spending-after-blowing-through-budget-in-four-mon... (opens in new tab)

Following a report from Bloomberg on Uber, about companies putting a cap on AI spending: AI is getting expensive, and some companies are cutting back on usage in an attempt to moderate costs. That cohort includes Uber, which recently instituted internal usage caps as a way to cut down on its exorbitant AI spend. I’m sure this is happening all over. That’s why I commented that Anthropic’s revenue is not stable. It’s hard to cancel a subscription you value. It’s much easier to cut back on tokens.