Shaw Walters, founder of Eliza Labs, announced that the ELIZAOS token is 'dead' and the Eliza Foundation is winding down after using remaining treasury funds to settle a class-action lawsuit. The token, formerly known as AI16Z, fell 19% to an all-time low following the announcement.
Shaw Walters, founder of Eliza Labs and the ElizaOS AI agent framework, announced the project's token is 'dead' and the foundation is winding down after using remaining treasury funds to settle a Burwick Law class-action lawsuit. The token, formerly known as ai16z, has crashed 97% from its $2.4-2.5 billion peak market capitalization to approximately $305,000.
SpaceXAI released Grok 4.5, its first model since going public, trained in collaboration with Cursor and priced significantly lower than competing models from Anthropic and OpenAI. While trailing GPT-5.5 and Fable 5 in coding benchmarks, the model uses 4.2 times fewer tokens than Opus 4.8 and costs a fraction of competitors.
Microsoft and other tech giants are experiencing a backlash from their push for widespread employee AI adoption, with internal data revealing that AI agents consume significantly more resources—up to 1000x more tokens—than standard AI tools, making them more expensive than human employees. The phenomenon, dubbed 'tokenmaxxing,' has prompted Microsoft to cancel some AI tool licenses.
Anthropic's newly released Claude Opus 4.7 uses a new tokenizer that breaks text into up to 47% more tokens than its predecessor, resulting in significantly higher costs per request despite maintaining the same per-token pricing as Opus 4.6.
