Then and now: Corporate AI spending scrutiny and the retreat from tokenmaxxing

Businesses that rushed to deploy AI across their operations are pulling back as costs climb without matching productivity gains, a trend described as the end of 'tokenmaxxing.' At the same time, New York state has imposed a moratorium of up to a year on new large data centres, citing concerns about energy demand and climate impact. China's Kimi K3 model has had to suspend new subscriptions after demand outstripped its capacity, underscoring the infrastructure pressures facing the wider AI industry. Together, these developments signal growing scrutiny of the pace and economics of AI expansion from both the corporate and regulatory sides.

25 days apart