Anthropic: Workato AI Bill Jumps 700% on Token Pricing
Anthropic pricing shift drove Workato AI costs up 700% in May; Uber burned 2026 budget by April while OpenAI and Anthropic eye $850B IPOs amid rising enterprise AI spending backlash.
SourceAnalysis
Anthropic switched Workato from flat monthly fees to pay-per-token pricing in May, sending the company's AI bill up 700% overnight.
Enterprise Caps Spread Fast
Amazon, Walmart, Cisco, Uber and Meta now limit employee AI usage after years of pushing adoption. Uber exhausted its full 2026 AI budget by April and imposed a $1,500 monthly cap per employee. JPMorgan issued an internal note titled "AI Bills Are Out of Control."
IPO Valuations Face Reality Check
OpenAI and Anthropic filed confidential IPO documents targeting valuations near $850 billion. Neither is profitable. OpenAI lost $5.09 billion in 2024 and $38.5 billion in 2025. Chinese models undercut U.S. pricing, with DeepSeek running identical benchmarks for $1,071 versus Anthropic's $4,811.
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