Patrick Wendell

“Databricks is launching new tools to help companies cap AI costs, after finding customers had accidentally spent tens of millions of dollars on their broader AI bills in a single month.”

“Wendell said AI token costs are entering the top three highest expenses among customers behind salaries and other IT expenses.”

“Databricks hopes its new tool helps firms pivot from token maxing to 'value maxing,' Patrick Wendell, Databricks co-founder, tells Axios.”