AI sticker shock hits corporate America

Companies begin to question the payoffs of toxenmaxxing.

Axios
More money for health, community infrastructure in Nunavut's $3.7B budget
Nunavut Premier and Finance Minister John Main tabled the largest budget in the territory's history Monday with major increases to spending on health, housing and social services.
https://www.cbc.ca/news/canada/north/more-money-for-health-community-infrastructure-in-nunavut-s-3-7b-budget-9.7211588?cmp=rss
More money for health, community infrastructure in Nunavut's $3.7B budget
Nunavut Premier and Finance Minister John Main tabled the largest budget in the territory's history Monday with major increases to spending on health, housing and social services.
https://www.cbc.ca/news/canada/north/more-money-for-health-community-infrastructure-in-nunavut-s-3-7b-budget-9.7211588?cmp=rss
🤣 Uber's #AI #budget is like a teenager's allowance: gone before you can say "rideshare." 🚗💨 Apparently, the COO is grappling with the math—turns out #spending on futuristic #tech is hard to justify when you're still trying to figure out how to turn a #profit. 📉💸
https://fortune.com/2026/05/26/uber-coo-ai-spending-tokens-claude-code/ #Uber #Teenager #Allowance #Rideshare #HackerNews #ngated
Uber burned through its entire 2026 AI budget in four months. Now its COO is questioning whether it’s worth it

The rideshare giant's COO says “it’s very hard to draw a line” between rising AI costs and useful features for customers.

Fortune
Uber burned through its entire 2026 AI budget in four months. Now its COO is questioning whether it’s worth it

The rideshare giant's COO says “it’s very hard to draw a line” between rising AI costs and useful features for customers.

Fortune
https://www.theguardian.com/money/2026/may/25/jobs-not-benefits-cut-welfare-bill-joseph-rowntree-foundation. "The #research seeks to push back against the 'dominant #political #narrative' that #spending on #socialsecurity is 'spiralling'. Instead, it points out that official projections show spending on non-pensioner #benefits 'will remain flat, at around 5% of #GDP for the remainder of the #Parliament'." This is nothing but the truth, & is confirmed by the Office for Budget Responsibility's #statistics, @guardian.
Focus on jobs, not benefits, to cut welfare bill, says thinktank

Hitting government’s target of getting 80% of workers into jobs would reduce cost of universal credit by £10bn

The Guardian
Review – Bills Introduced – 5-22-26 – HR 9010, legislative branch spending – HR 9022 EWR spending – Short version - https://tinyurl.com/mmve9fna #Legislation #Spending
Review – Bills Introduced – 5-22-26

  With both the House and Senate  meeting  in  pro forma   session  (starting their Memorial Day district period), there were 19 bills intro...

Bills Introduced – 5-22-26 – HR 9010, legislative branch spending – HR 9022 EWR spending – MIP: HR 9019, data center consumption reporting - https://tinyurl.com/yzafy3j6 Subscription required #Legislation #Spending
Bills Introduced – 5-22-26

HR 9010, legislative branch spending – HR 9022 EWR spending – MIP: HR 9019, data center consumption reporting -

CFSN Detailed Analysis
SpaceX IPO filing: Massive AI spending, future ambitions and Starlink expansion-Will SpaceX’s awaited IPO make Elon Musk the world’s first trillionaire?
https://atlas.whatip.xyz/post.php?slug=spacex-ipo-filing-massive-ai-spending-future-ambitions-and-starlink-expansion-will-spacexs-awaited-ipo-make-elon-musk-the-worlds-first-trillionaire
<p>SpaceX has filed for its long-awaited public stock offering
#spending #awaited #massive #spacex
SpaceX IPO filing: Massive AI spending, future ambitions and Starlink expansion-Will SpaceX’s awaited IPO make Elon Musk the world’s first trillionaire?

SpaceX has filed for its long-awaited public stock offering. The company revealed its finances, board members, and ambitious plans for space exploration and AI. SpaceX aims to make life multiplanetary...

US employers spend more than $1.5bn a year to fight labor unions, report finds

Critics say employers spend money hiring union-avoidance consultants and lawyers while not investing in workers

The Guardian