ai spending: everyone on the record — The Minutes https://minutesof.com/on/ai-spending/ Everyone on the record about ai spending: 4 verbatim quotes from 2 people, June 2024 to July 2026, in one chronology, each with a timestamp and a link to… en Sun, 30 Aug 2026 22:32:47 +0000 Dylan Patel: Patel says their AI spending equals over a third of employee compensation for their 90-person fir https://minutesof.com/q/6f7b1cde-3481-4cd5-89a6-c38b8939b845/ https://minutesof.com/q/6f7b1cde-3481-4cd5-89a6-c38b8939b845/ “We're spending, you know, more like, you know, more than a third of the spend, you know, employee spend, a third of it is also on top of that is AI.” — Dylan Patel, WisdomTree in Europe Thu, 09 Jul 2026 06:16:39 +0000 ai spending Dylan Patel: Patel's firm's AI spending jumped from under $100k to $11 million annually within months. https://minutesof.com/q/9d9e76b8-70fc-4e7e-91a4-f9c907ff1bc1/ https://minutesof.com/q/9d9e76b8-70fc-4e7e-91a4-f9c907ff1bc1/ “by the end of January, our ARS, right, our our our annual recurring spend had hit $4,000,000. And that's because people were using Cloud Code. Now today, it's about $11,000,000.” — Dylan Patel, WisdomTree in Europe Thu, 09 Jul 2026 06:16:39 +0000 ai spending Dylan Patel: Patel's firm spent under $100k annually on AI in November before Claude Code adoption. https://minutesof.com/q/14234ee4-419f-4ded-aed0-58417afb999e/ https://minutesof.com/q/14234ee4-419f-4ded-aed0-58417afb999e/ “What we had was that we had a subscription to every model or we had a subscription to the $200 tier for a chat GPT for every user.” — Dylan Patel, WisdomTree in Europe Thu, 09 Jul 2026 06:16:39 +0000 ai spending Bill Gurley: Gurley notes 85% of CIOs increasing AI spend despite 92% having flat or declining budgets. https://minutesof.com/q/0c1499b8-363d-43ac-8683-1276298111e4/ https://minutesof.com/q/0c1499b8-363d-43ac-8683-1276298111e4/ “I think 8% of CIOs have a budget increase over 10%. So 92% don't. So think fixed, you know, near fixed budget. But 85% of them say they're aggressively increasing their spend on AI.” — Bill Gurley, BG2 Pod Mon, 10 Jun 2024 13:40:00 +0000 ai spending