AI & Enterprise

AI costs are starting to surpass payroll at some companies

As spending on AI surges, computing costs at some companies are starting to exceed employee payroll, Axios reported. Nvidia applied deep learning vice president Bryan Catanzaro said his team’s computing expenses far surpass staff costs. The Information reported that Uber’s chief technology officer said rising token costs burned through its full 2026 AI budget in four months. Gartner forecasts 2026 global IT spending will rise 13.5 percent to $631 billion.

Crypto

Bitcoin April return nears best since 2020

Bitcoin has gained 13.71 percent so far in April, nearing its strongest April return since 2020. It would need about another 0.5 percent rise by month-end to beat last April’s 14.08 percent and post its best April performance in the past five years. April has historically been a strong month for bitcoin, but recent years have been mixed. Despite the rebound, sentiment remains in fear territory and geopolitical risks persist.