Mystery company accidentally blew $500M on Claude AI in a single month(tomshardware.com)
tomshardware.com
Mystery company accidentally blew $500M on Claude AI in a single month
https://www.tomshardware.com/tech-industry/artificial-intelligence/mystery-company-accidentally-blew-usd500-million-on-claude-in-a-single-month-failed-to-put-usage-limit-on-licenses-for-employees
7 comments
Fortunately, in the US we have a concept called BANKRUPTCY.
Let them sue for non-payment, they will get nothing, parasites.
Let them sue for non-payment, they will get nothing, parasites.
sub-prime token crisis
How? How in the world you burn 500.000.000$ in a month?? I would LOVE to have a look of the distribution of tokens per employee. It needs to be at least 10 people who did the 95% consumption as soon as they saw no limits. Other theory is that they had Mythos available and prompted "hi"
What was their previous month's spend? How long can this remain a mystery? How many companies are big enough that this wouldn't stick out in a quarterly report? I wonder how the purchasing agreements work at larger scales. Obviously they aren't just signing up with the company credit card (right??). Are there sales people at Anthropic? (and are they commissioned?) Do companies just send over a blanket PO?
So Amazon setup leaderboards to treat AI spending as a game. Then got a bill for $500M in one month.
Quite ironic seeing as AWS had bitten many companies in the ass over the years. Karma, baby!
Quite ironic seeing as AWS had bitten many companies in the ass over the years. Karma, baby!
Original Axios article: http://archive.is/qAf3f
The only thing that backs up the headline is a single sentence ("An AI consultant tells Axios one of their clients recently spent half a billion dollars in a single month after failing to put usage limits on Claude licenses for employees.") with no sourcing or elaboration.
The only thing that backs up the headline is a single sentence ("An AI consultant tells Axios one of their clients recently spent half a billion dollars in a single month after failing to put usage limits on Claude licenses for employees.") with no sourcing or elaboration.
Isn't dreary and mundane stuff exactly the sort of stuff that should be automated, so people can concentrate on the interesting/exciting aspects of their job? Some (not all) kinds of AI boosters seem to have this idea that AI's optimal use is to replace all the high value jobs for cheap, leaving humans with the 'low value' drudgery for which they can be paid less.