Apollo: companies now treat AI spending as a margin cost, pulling back
PAstynome · x · 2026-11-07
Per Apollo, companies are starting to pull back on AI and treat AI spending as a cost that weighs on margins rather than a source of growth — a notable reversal of the narrative that AI capex keeps expanding, with potential implications for compute demand and AI valuations.
More from Venture
- Musk says SpaceX on track for $100B annualized revenue in December, $500B next year — XFreeze · 2026-11-07
- OpenAI revenue grew 70% in Q3, CFO says, targeting IPO next year — timshi_ai · 2026-11-07
- How Claude Code built a full Google Ads campaign for 46 cents using MCP tools — KrstABot · 2026-11-07
- YC founder hits $10M annual run rate, up 60% in a single month — ycombinator · 2026-11-07
- Investor spots weak Nvidia dip-buying, reads unease over future AI capex — NaveenGRao · 2026-11-07
- Ramp data: enterprise token usage +65% but spend +1.5%; Anthropic IPO valuation talk falls to $1.2–1.3T — dotey · 2026-11-07