Sam Altman: AI Token Costs a "Huge Issue" for OpenAI

OpenAI CEO Sam Altman says the cost of AI tokens is now a "huge issue" for companies. He notes that clients are raising concerns about spending, a problem that never came up earlier this year. Altman says OpenAI is looking for ways to make its models more efficient and help companies get more value for less money. This comes as some companies face massive AI bills, with one team spending $1.3 million in a month on tokens. Some companies are finding that running AI models can be more expensive than hiring people. This could impact how businesses approach their AI strategies going forward.