Chamath Palihapitiya Criticizes Soaring AI Costs

Venture capitalist Chamath Palihapitiya said on the All-In Podcast Friday that his software startup 8090 has seen AI costs triple since November and could spend about $10 million annually. He blamed high inference and token bills from providers including Cursor, AWS and Anthropic, criticized inefficient "Ralph loops", and said he plans to migrate to Anthropic's Claude Code for lower token costs and greater model portability.