Investor warns that hidden AI overspending inside companies is about to hit earnings

Venture capitalist Chamath Palihapitiya says CEOs and CFOs have no idea how much AI token spending is accumulating inside their companies

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Tech investor Chamath Palihapitiya warned on Tuesday that AI token spending inside large companies has grown so far out of view that executives could be caught off guard by earnings misses they did not see coming. The venture capitalist and Social Capital founder made the remarks in an interview with CNBC.

"CEOs and the CFOs, in my opinion, probably have no idea how much tokenmaxxing is going on inside of their organizations," Palihapitiya told CNBC. "I suspect what'll happen is one day you're going to have a miss, and EPS........

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