NEA’s Tiffany Luck says enterprises are still figuring out their AI ROI
NEA partner Tiffany Luck discusses the current shift in the AI industry from unchecked spending to a focus on return on investment. Enterprises are increasingly scrutinizing AI budgets as the initial hype cycle faces financial reality.
Why it matters
This reflects a broader market correction in the tech sector as companies move from experimental AI adoption to demanding measurable business value.
Tokenmaxxing was the hottest trend in Silicon Valley earlier this year, with CEOs encouraging employees to push AI usage as far as it would go. Then the bill came due . Uber reportedly blew through its annual AI budget in a few months, some companies cut Claude licenses for parts of their org, and Meta killed its internal leaderboard.
The article provides an industry analysis based on venture capital perspectives without promoting a specific political or ideological agenda.
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