Corporate card firm raises $1.85B at $60B valuation, partly to meter AI token usage
YvesMulkers · x · 2026-10-19
A corporate card company raised $1.85B at a $60B valuation, with part of the money going toward tooling that tracks AI token usage. The takeaway: AI vendors couldn't tell finance teams what AI actually costs, so someone else built the meter. The author teases three questions he'd ask first.
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