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News and Insights

Yarken joins the Tokenomics Foundation as a founding member

Announcement

 

Yarken is joining the Linux Foundation’s Tokenomics Foundation as a founding member, contributing its TBM, FinOps and technology finance experience to the development of open standards for AI economics.

AI has created a new category of technology spend faster than most enterprise financial systems have been able to adapt to it.

Tokens, model APIs, compute, software, data, labor and specialist vendors can all contribute to the cost of the same AI initiative. Yet they are often bought by different teams, recorded in different systems and measured in different ways.

As AI moves further into production, that fragmentation becomes a financial management problem.

The Linux Foundation launched the Tokenomics Foundation to address it.

The Foundation brings together organisations from across enterprise technology, financial management, cloud and AI to develop open, vendor-neutral standards for measuring the economics and return of AI investment. Yarken joins founding members including Accenture, IBM, JPMorganChase, Oracle, SAP, ServiceNow, Flexera and others.

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