And so I've been hearing a little bit about this just in the industry, and For those CMOs out there that have had some, let's just say, token-related conversations with their CFOs in the last year, how have you seen the conversation shift from companies encouraging token maxing to maybe pumping the brakes, and now we're talking tokenomics, and why did some of these very high-profile examples in some cases not see this coming?

Yeah, so at Treasure AI, we've internally have kind of followed the news cycle.

We're kind of like a week ahead or a week behind as the news cycle this year has been crazy.

And at the beginning of the year, it was mass encouragement of everyone to use AI.

And I don't think the token maxing term even existed then.

And then kind of in May timeframe, everyone's realizing that their budgets for AI were exhausted by that point.

And we were actually, we're only in April 1st physical year start.

What does capital discipline look like for a well-funded vendor? And when you look at the industry in general, where do you see maybe opportunities to decrease waste, whether that's on the vendor side or in how enterprise buyers are spending?

And so I've been hearing a little bit about this just in the industry, and For those CMOs out there that have had some, let's just say, token-related conversations with their CFOs in the last year, how have you seen the conversation shift from companies encouraging token maxing to maybe pumping the brakes, and now we're talking tokenomics, and why did some of these very high-profile examples in some cases not see this coming?

Yeah, so at Treasure AI, we've internally have kind of followed the news cycle.

We're kind of like... you know, week ahead or a week behind as the news cycle this year has been crazy.

And at the beginning of the year, it was, you know, mass encouragement of everyone to use AI.

And, you know, I don't think the token maxing term even existed then.

Right.

And then kind of in May timeframe, everyone's realizing that their budgets for AI were exhausted by that point.

What does capital discipline look like for a well-funded vendor? And when you look at the industry in general, where do you see maybe opportunities to decrease waste, whether that's on the vendor side or in how enterprise buyers are spending?