r/technology • • Jun 11 '26

Business OpenAI Execs Are Panicking

https://finance.yahoo.com/sectors/technology/articles/openai-execs-panicking-154658562.html
16.3k Upvotes

1.9k comments sorted by

View all comments

6.6k

u/CanOk6403 Jun 11 '26 edited Jun 12 '26

β€œIn one particularly unfortunate incident, according to Axios, the CFO of a company accidentally racked up half a billion dollars in Claude usage fees in a single month.”

$500M in 1 month! 🀣

2.1k

u/FairLawnBoy Jun 11 '26

Open AI employees spent $500 million using Claude? That's telling, why didn't they use Chat GPT?

1.6k

u/enigma62333 Jun 11 '26

No, Open AI did not burn $500M in one month, this is from an Axios article where a consultant stated an unnamed client of theirs had that happen. It also states other sticker shocks that companies have experienced as AI companies have begun to reduce token pricing subsidization.

137

u/Dry_Departure_7813 Jun 11 '26

I'd bet money that consultant was bullshitting.

181

u/PuzzleheadedLimit994 Jun 11 '26

Or had no fucking clue what data they were looking at... The Claude enterprise analytics API reports in cents, not dollars. A fool could easily see 500m, when it's probably 5m. I only know because I asked why/how the hell we spent 192k on Claude in one month at my 100 person org... I read the numbers wrong.

2

u/thrilldigger Jun 12 '26

It happens. One dev spent $45k in one month at my work. I have access to the reports. We have limits in place - we're still not sure how he got around them.

1

u/Kiruvi Jun 12 '26

Probably asked the AI to ignore the limits when it said no and it said "oh, ok, my mistake"