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Fortune
Fortune
Sasha Rogelberg

After blowing through its entire 2026 AI budget in months, Uber CTO says, ‘We’re coming to the end of the so-called tokenmaxxing era’

Praveen Neppalli Naga sits in a white chair in front of a blue background onstage. (Credit: Big Event Media/Getty Images for HumanX Conference)

Uber believes it’s found a solution to its AI spending problem after it blew through its budget for the technology in just the first few months of the year.

In an interview with The Information earlier this year, Uber chief technology officer Praveen Neppalli Naga admitted he went “back to the drawing board” on allotted spending after the rideshare giant encouraged employees to use its tools, particularly Anthropic’s Claude Code, as much as possible, even devising “leaderboards” to rank software engineers on their usage.

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