An unpublished KPMG report reveals that only 26% of companies have full visibility over their AI spending, while 22% only learn about costs when invoices arrive. The culprit is tokenized billing and dynamic pricing—finance departments are unprepared for unpredictable AI workloads, with resource consumption spiking up to on some projects and draining annual cloud/API budgets in months. The situation echoes the cloud spending frenzy during the pandemic, with businesses bracing for a wave of cost-cutting after quarterly bills from AI providers land.

The Wall Street Journal