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gossip CIO.com July 21, 2026

The AI allocation trap: Record spend, vanishing returns

The AI allocation trap: Record spend, vanishing returns
AI Summary

In a single month, one enterprise reportedly spent half a billion dollars on AI. A consultant told Axios that the client had handed its workforce AI licenses, set no usage limits and let the meter run until finance noticed. The figure is spectacular, and it is the wrong thing to fear.

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