Harvey co-founder warns of 14x token-burn growth and looming $10M AI consumption bills
Harvey co-founder Gabe Pereyra said token usage across Harvey's platform grew 14x over six months, warning that customers will start seeing AI consumption bills reaching $10 million and asking what drove the cost -- citing Uber's CTO's comment about burning a year's coding-token budget in four months as an industry-wide parallel. Pereyra frames this as the start of a broader "pricing reckoning" as agentic systems consume tokens at rates traditional SaaS pricing wasn't built for. (A single 100,000-document contract review can reportedly cost around $20,000 in tokens alone.)
Sources (2) — page snapshots on file as retrieved
- Artificial Lawyer (press, retrieved 2026-07-10)
- Non-Billable (press, retrieved 2026-07-10)