AnalysisBusinessJune 24, 2026

Enterprise clients cut AI spending as costs outweigh benefits

Enterprise clients are slashing AI spending at OpenAI and Anthropic due to high costs and unclear ROI. Microsoft canceled internal Claude Code licenses; Uber capped monthly token spend at $1,500 after employees burned the entire 2026 budget by April. Amazon, JPMorgan, and Meta also curbed AI usage, as cost-benefit analysis shows AI often isn't reliable enough to justify the expense.

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