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AMD CIO raises a $900 million AI spending point many CEOs cutting jobs are missing

Times of India

TechnologyTimes of India·Jun 15, 2026·1 min read

AMD CIO raises a $900 million AI spending point many CEOs cutting jobs are missing

AMD CIO Hasmukh Ranjan has flagged a hidden AI cost most CEOs are ignoring: employee token usage that could run up a $900 million annual bill. As companies lay off staff citing AI, the technology meant to replace workers is racking up huge…

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