Generative AI services and tools that use tokens to produce results can get expensive quickly. That’s spurring IT leaders to look for new ways to reduce token use — and save money. Because generative ...

Artificial intelligence is expensive to use, many companies discovered. That has led to a new era of saving costs. Credit...Andrea Chronopoulos Supported by By Eli Tan Reporting from San Francisco ...

Your browser does not support the video element. Your browser does not support the video element. Pylon CEO Marty Kausas had to make a difficult choice: scale back ...

A Silicon Valley software maker and an ecommerce company reveal to WIRED how they are navigating the emerging challenge of “tokenomics.” At the software company 8x8, employees are using Anthropic’s ...

Enterprise AI bills are tripling despite a 98% drop in per-token prices, as agentic tools drive consumption 18.6x higher per developer. The Linux Foundation is launching the Tokenomics Foundation to ...

Major U.S. banks, including JPMorgan, Citi and Bank of America, plan to establish a shared tokenized deposit network by mid-2027, operated by the Clearing House, according to the Wall Street Journal.

In April, GitHub announced that it was moving subscribers from request-based billing to a usage-based model for its AI-powered Copilot service. As that new pricing model goes into effect today, many ...

The golden age of Microsoft’s GitHub Copilot appears to be at an end — for the little guy, at least. The company is switching its billing system from a flat subscription rate to a token-usage system ...

AI is turning out to be more expensive than enterprises expected, and CFOs are now trading future headcount for tokens. Roughly 95% of enterprise AI still runs on the priciest frontier models even for ...