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AI token management, governance & cost control.

The practical newsletter for the people who own the AI bill — finance, platform, and the founders in between. What's changing in AI spend, and what to actually do about it. A few times a month, no fluff.

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What's inside

Where the money actually goes

The cost patterns behind runaway AI bills — model choice, retries, agents, and the traffic nobody attributes.

What to do about it

Concrete moves: budgets that enforce, semantic caching, routing, chargeback your finance team will accept.

Governance that ships

PII, identity, audit, and the SOC 2 / ISO 42001 evidence — explained for the people who own the risk, not just the code.

The market, decoded

Who's building what in the AI control-plane space — without the hype.

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