Big companies rethink out of control AI spending and turn to cheaper models
FROM THE WIRE · FINANCE.YAHOO.COM
IBM (IBM) is calling attention to a growing trend among companies and their AI spending: They're keeping a closer eye on it. "I think what we are seeing is that at least larger enterprises are becoming a lot more cognizant and a lot more aware of what the true ROI of all of…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralEnterprise focus on AI return on investment is relevant for software and cloud providers.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01IBM CEO Arvind Krishna said larger enterprises are more aware of the true ROI of AI spend.
- 02Some enterprises worry that part of their AI spending is out of control with no real return.
- 03Enterprise customers are turning to open-weight models as a more cost-effective option.
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Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets