After the AI binge, companies balk at soaring bills
economictimes.indiatimes.com May 31, 2026

After the AI binge, companies balk at soaring bills

AI-summarised brief · reviewed before publication

Companies are reevaluating their use of artificial intelligence due to rising costs, after initially embracing the technology at low prices. The era of "subsidized intelligence" is ending, with AI companies like OpenAI and Anthropic increasing prices as they prepare to go public. AI agents, which perform tasks, are expensive to run and contribute to higher costs, measured in tokens, amid computing shortages.

💡 Why It Matters

  • · Soaring AI costs are forcing companies to rethink their spending habits, with some switching to free or specialized models to cut expenses.