Control Your AI Spending
In this episode of "Full Tech Ahead," host Amanda Razani interviews Matthew Shaxted, CEO of Parallel Works. The conversation centers on a major obstacle facing enterprises today: skyrocketing token consumption and the ballooning costs of using frontier AI models. Shaxted explains that opening up unrestricted API access to hundreds or thousands of users leads to rapid budget depletion, citing recent industry examples like Uber. Drawing a parallel to the high-performance computing (HPC) and cloud migration trends over the past decade, Shaxted predicts a cyclical shift: while firms currently…
The skinny
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