# Uber's Chief Technology Officer burnt through his entire 2026 AI budget before the year was well underway.

*genai · news · 2026-04-26 · The News International*

## Key points

- Uber's CTO exhausted the entire 2026 AI budget early solely on token costs, not infrastructure.
- Compute costs at Nvidia have surpassed employee costs, marking a reversal from just two years ago.
- Worldwide IT spending is projected to hit $6.31 trillion in 2026, mainly driven by AI-related expenses.
- Anthropic has already altered its pricing structure in response to increased demand for its AI services.
- OpenAI's Codex is considered more economical with tokens than Anthropic's Claude Code, influencing enterprise AI costs.

**Companies:** Nvidia, OpenAI, Uber, Asymbl, Swan AI, Anthropic
**Countries:** United States

[Read the full story on The News International](https://www.thenews.com.pk/latest/1400437-ai-costs-are-now-exceeding-staff-salaries-at-some-companies)

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