NEA's Tiffany Luck Flags AI ROI Reckoning After Firms Burned Through 1-Year Budgets
Updated
Updated · TechCrunch · Jun 17
NEA's Tiffany Luck Flags AI ROI Reckoning After Firms Burned Through 1-Year Budgets
1 articles · Updated · TechCrunch · Jun 17
Summary
Tiffany Luck said Silicon Valley’s push to “tokenmaxx” AI use has shifted into an ROI reckoning, after some companies rapidly exhausted budgets and pulled back spending.
Uber reportedly burned through its annual AI budget within months, some companies cut Claude licenses for parts of their organizations, and Meta scrapped its internal AI leaderboard.
On TechCrunch’s Equity podcast, the NEA partner said startups are emerging to help enterprises measure returns, while companies increasingly mix and match models instead of backing a single provider.
Luck also pointed to forward-deployed engineers as a “Trojan horse” for adoption and argued value is being created across the AI stack, while she remains bullish on personal agents and this year’s AI IPOs.