Across the AI industry, users are becoming more conscious of just how expensive their deployments can be —and feeling a new urgency to cut costs. But while open source models offer significantly lower per-token costs, it can be difficult to find the right model for a given job. On Thursday, Writer, which offers AI tools
Chief Information Officer Stephen Franchetti has enthusiastically embraced a wide array of artificial intelligence tools to bolster workflow automation for the tech firm’s 4,100 employees. At tech firm Samsara, Franchetti has authorized Anthropic’s Claude, Google’s Gemini, OpenAI’s ChatGPT, and the AI coding agent Cursor, while also developing an internal system that monitors all AI expenses
Canva has spent years proving that it can do something many high-growth startups struggle to achieve: grow rapidly while making money. Then came generative AI. The design-software company cut its expected revenue growth rate by a third to 20% after the unexpectedly high cost of delivering AI features prompted it to slow its rollout. Canva
US prices rose 3.4% in the year to July, slightly lower than the 3.5% in the year to June, new figures show. Month to month, inflation rose 0.1%, mainly due to an increase in housing costs, the Bureau of Labor Statistics said. Even small moves in rent can lift the overall headline figure as it
The Australian electric vehicle landscape has transformed rapidly over the past few years. What used to be a market dominated by premium price tags and limited choices has evolved into a fiercely competitive arena where affordability is the primary battleground. Chinese car makers have played a massive role in democratising electric mobility across the country.
The government’s near-$40 trillion national debt is now costing the Treasury more than $3 billion a day in service payments, according to a new report from the Congressional Budget Office (CBO). In its August budget update, the CBO reported that net interest on public debt totaled $963 billion between October 2025 (when the fiscal year
