AnalysisBusiness
2 days ago
Citadel warns AI adoption slowing as token costs surge
Citadel Securities warns that AI adoption is slowing due to cost concerns, citing examples like Microsoft cancelling Claude Code for staff and Uber blowing its 2026 AI coding budget in four months. The warning comes as the AI sector faces a 'cost wall' ahead of major IPOs like SpaceX.
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2 days ago