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Linux Foundation Announces Tokenomicon, a New Conference for the Economics of AI

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Linux Foundation also releases FOCUS 1.4 and launches two new certifications, AI Value and Technology Value, at FinOps X in San Diego

SAN DIEGO, June 10, 2026 /PRNewswire/ — Following last week’s announcement of the intent to launch the Tokenomics Foundation, the Linux Foundation today unveiled Tokenomicon, a new conference dedicated to the economics of AI. Tokenomicon will bring together the practitioners, enterprises, model providers, and infrastructure operators working to measure and maximize the value of tokens and AI spend. The flagship event will take place in San Diego, June 7-10, 2027.

The conference arrives as tokens become the new unit of technology spend. As enterprises move generative and agentic AI workloads from pilot to production, AI has become one of the largest and fastest-growing lines on the enterprise technology budget, yet the discipline to measure and govern that spend has not kept pace. Goldman Sachs research projects global token usage will multiply roughly 24 times between 2026 and 2030. Tokenomicon is built to close the gap, giving technology practitioners a neutral, community venue to compare cost and efficiency across models and providers and to turn AI spend into measurable business value.

Alongside the San Diego flagship, the Tokenomics community will gather at regional events, including: Amsterdam, September 22-23, 2026, and London, February 8-9, 2027. “Naming the AI cost problem was the easy part. Tokenomicon is where the people actually solving it get in a room together. Practitioners, the companies buying AI at scale, the providers selling it, all working from the same facts. That is how a discipline gets built, and it is how the industry turns token spend into real business value.” said J.R. Storment, Executive Director of the FinOps Foundation.

FOCUS 1.4 builds the bridge to finance

The Linux Foundation also announced general availability of FOCUS v1.4, the open specification that normalizes billing data across cloud, SaaS, data center, and other technology vendors. Ratified by the FOCUS Steering Committee on June 4, 2026, the release adds two datasets and 47 columns with zero incompatible changes for existing implementations.

FOCUS 1.4 is the first release that lets engineering, finance, and FinOps teams work from the same billing facts without provider-specific tooling. It closes three gaps: consistent cost recognition across providers through a provider-agnostic covered and covering charge framework, end-to-end invoice reconciliation through the new Invoice Detail and Billing Period datasets, and rigorous standards of data integrity that allow FOCUS to serve as a system of record. The release lays the groundwork for FOCUS 1.5, which will bring unit and token economics into view by introducing provider list pricing and native AI token tracking.

“The improvements will especially benefit engineering teams who must align with finance and accounting teams alongside FinOps practitioners, with end-to-end billing visibility from commitment to consumption to invoice,” said Mike Fuller, CTO of the FinOps Foundation. “FOCUS continues to answer the needs of multiple teams, with one specification to better maximize the business value of technology across an entire organization.”

Two new certifications

The Foundation launched two new certifications. The Technology Value certification equips practitioners to manage spend across multiple technology categories and apply the right FinOps approach to each. The AI Value certification extends that discipline to AI and token-based spend, preparing practitioners for the standards taking shape across the Tokenomics Foundation and FOCUS.

“As technology spending spans platforms and infrastructure types, practitioners need to understand their organization’s business and technology goals to define where FinOps applies, how it operates in each context, and what success looks like,” said Steve Trask, Chief Operations Officer of the FinOps Foundation. “This certification builds those skills so practitioners maximize value across portfolio spending and apply the right FinOps approach to each one.”

About the Tokenomics Foundation
The Tokenomics Foundation, a Linux Foundation program focused on the best practices and standards for managing the production, consumption and monetization of tokens to generate business outcomes and AI value.

About the Linux Foundation
The Linux Foundation is the world’s leading home for collaboration on open source software, hardware, standards, and data. Linux Foundation projects, including Linux, Kubernetes, Model Context Protocol (MCP), OpenChain, OpenSearch, OpenSSF, OpenStack, PyTorch, Ray, RISC-V, SPDX and Zephyr, provide the foundation for global infrastructure. The Linux Foundation is focused on leveraging best practices and addressing the needs of contributors, users, and solution providers to create sustainable models for open collaboration. For more information, please visit us at linuxfoundation.org.

Trademarks
The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of the Linux Foundation, please see its trademark usage page: www.linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds.

Media Contact pr@finops.org

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SOURCE The Linux Foundation

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Six Pennsylvania students advance to national finals of the Mott Million Dollar Challenge in Flint, Michigan

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55 minutes ago

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June 10, 2026

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Bold ideas from 6 local students are among just 60 semifinalist submissions selected from over 3,700 nationwide to pitch at the Mott Million Dollar Challenge, June 15-16 in downtown Flint.

FLINT, Mich., June 10, 2026 /PRNewswire/ — Six students from Pennsylvania have been selected as semifinalists in the Mott Million Dollar Challenge, a national pitch competition for K-12 students.

More than 5,300 young people from all 50 states and Washington, D.C. submitted over 3,700 business ideas and social solutions to the Challenge. From those entries, 1,500 submissions were selected in the first round. Now, the creators behind the top 60 ideas are advancing to compete at a live national event in Flint, Michigan next week.

The Pennsylvania semifinalists and their ideas are:

LightoPro: AI Learning Buddy on Your Desk — Antarikxa Das (2nd Grade, Marshall Elementary School, business pitch): An AI-powered desktop learning assistant that uses a camera and projector to provide real-time, step-by-step guidance directly on a student’s work, helping children learn independently.

Advancing Bridges with Piezoelectric Technology — Miles Cheng and Vasudev Nambulli (6th Grade, South Fayette Middle School, business pitch): A smart infrastructure system that uses self-powered piezoelectric sensors to continuously monitor bridge stress and vibrations, helping detect structural issues before they become safety hazards.

Operation Agua: Aqua Anchor — Anushiya Ramakrishnan and Laalitya Sagi (7th Grade, South Fayette Middle School, social pitch): A nonprofit initiative that uses sensor-activated shoreline collection systems to capture ocean-bound trash and reduce water pollution before it reaches the sea.

Verity — Elena Pappas (10th Grade, Germantown Friends School, social pitch): A student wellness app that predicts stress levels from academic and lifestyle habits and provides personalized recommendations to help prevent burnout before it happens.

As semifinalists, each project will be awarded $5,000. The students will pitch live in front of judges during the final competition June 15-16 in Flint.

Funded by the Charles Stewart Mott Foundation as part of its centennial celebration, the Mott Million Dollar Challenge is administered by the Network for Teaching Entrepreneurship (NFTE) in collaboration with VentureLab, Young Entrepreneur Institute (YEI), the Afterschool Alliance, Collaborative Communications and the 50 State Afterschool Network. The Challenge is designed to shine a light on entrepreneurship education as a meaningful way to help students build skills they need to navigate and shape the future.

Learn more about the Mott Million Dollar Challenge and explore semifinalist ideas at https://mottmillion.org/60-semifinalist-pitches/.

Contact:
Jen Peters
peters@collaborativecommunications.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/six-pennsylvania-students-advance-to-national-finals-of-the-mott-million-dollar-challenge-in-flint-michigan-302797223.html

SOURCE Charles Stewart Mott Foundation

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Two Washington students advance to national finals of the Mott Million Dollar Challenge in Flint, Michigan

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55 minutes ago

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June 10, 2026

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Bold ideas from 2 local students are among just 60 semifinalist submissions selected from over 3,700 nationwide to pitch at the Mott Million Dollar Challenge, June 15-16 in downtown Flint.

FLINT, Mich., June 10, 2026 /PRNewswire/ — Two students from Washington have been selected as semifinalists in the Mott Million Dollar Challenge, a national pitch competition for K-12 students.

More than 5,300 young people from all 50 states and Washington, D.C. submitted over 3,700 business ideas and social solutions to the Challenge. From those entries, 1,500 submissions were selected in the first round. Now, the creators behind the top 60 ideas are advancing to compete at a live national event in Flint, Michigan next week.

The Washington semifinalists and their ideas are:

MagicVerse-Kids, A Universe of First Creations — Isha Sharma (6th Grade, Beaver Lake Middle School, business pitch): A platform that partners with daycares to use AI to transform children’s artwork into digital keepsakes, scrapbooks, and personalized products, helping families preserve creative memories.

PureDrain — Kiren Makam (8th Grade, Tyee Middle School, social pitch): A portable storm drain filtration system that captures pollutants in runoff before they enter local ecosystems, helping protect forests and reduce the spread of invasive species.

As semifinalists, each project will be awarded $5,000. The students will pitch live in front of judges during the final competition June 15-16 in Flint.

Funded by the Charles Stewart Mott Foundation as part of its centennial celebration, the Mott Million Dollar Challenge is administered by the Network for Teaching Entrepreneurship (NFTE) in collaboration with VentureLab, Young Entrepreneur Institute (YEI), the Afterschool Alliance, Collaborative Communications and the 50 State Afterschool Network. The Challenge is designed to shine a light on entrepreneurship education as a meaningful way to help students build skills they need to navigate and shape the future.

Learn more about the Mott Million Dollar Challenge and explore semifinalist ideas at https://mottmillion.org/60-semifinalist-pitches/.

Contact:
Jen Peters
peters@collaborativecommunications.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/two-washington-students-advance-to-national-finals-of-the-mott-million-dollar-challenge-in-flint-michigan-302797225.html

SOURCE Charles Stewart Mott Foundation

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Two Virginia students advance to national finals of the Mott Million Dollar Challenge in Flint, Michigan

Published

55 minutes ago

on

June 10, 2026

By

Bold ideas from two local students are among just 60 semifinalist submissions selected from over 3,700 nationwide to pitch at the Mott Million Dollar Challenge, June 15-16 in downtown Flint.

FLINT, Mich., June 10, 2026 /PRNewswire/ — Two students from Virginia have been selected as semifinalists in the Mott Million Dollar Challenge, a national pitch competition for K-12 students.

More than 5,300 young people from all 50 states and Washington, D.C. submitted over 3,700 business ideas and social solutions to the Challenge. From those entries, 1,500 submissions were selected in the first round. Now, the creators behind the top 60 ideas are advancing to compete at a live national event in Flint, Michigan next week.

The Virginia semifinalists and their ideas are:

Carmunication — Lailah Moore (4th Grade, Nysmith School, business pitch): A vehicle-to-vehicle messaging system that allows nearby drivers to send safety alerts about issues such as open gas caps, broken lights, or unsecured cargo, helping make roads safer through clear communication.

EngageAble — Emily Amidon (6th Grade, Nysmith School, social pitch): A social venture that uses customizable 3D-printed fidget devices to help seniors maintain fine motor skills, cognitive engagement and independence as they age.

As semifinalists, each project will be awarded $5,000. The students will pitch live in front of judges during the final competition June 15-16 in Flint.

Funded by the Charles Stewart Mott Foundation as part of its centennial celebration, the Mott Million Dollar Challenge is administered by the Network for Teaching Entrepreneurship (NFTE) in collaboration with VentureLab, Young Entrepreneur Institute (YEI), the Afterschool Alliance, Collaborative Communications and the 50 State Afterschool Network. The Challenge is designed to shine a light on entrepreneurship education as a meaningful way to help students build skills they need to navigate and shape the future.

Learn more about the Mott Million Dollar Challenge and explore semifinalist ideas at https://mottmillion.org/60-semifinalist-pitches/.

Contact:
Jen Peters
peters@collaborativecommunications.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/two-virginia-students-advance-to-national-finals-of-the-mott-million-dollar-challenge-in-flint-michigan-302797232.html

SOURCE Charles Stewart Mott Foundation

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