Executives say the rush to deploy AI is giving way to tighter controls, a shift to cheaper models, and a growing focus on what actually delivers returns.
Welcome to Eye on AI. Beatrice Nolan here.
In today’s issue:
Business leaders are confronting AI spending.
ChatGPT’s market share falls below 50%
Top Google Gemini executive leaves for OpenAI
As 180,000 attendees descended on Paris, the loudest conversations were about cybersecurity risks, European dependence on U.S.…
As AI becomes embedded in core business operations, some firms are increasingly questioning who controls the intelligence behind…
One in five European startups now reach a $1 billion valuation within two years, as AI reshapes who builds, and how fast.
Anthropic can’t catch a break! Leaders of the AI firm are meeting with Trump administration officials in D.C. this week to try to…
The hype around generative AI capabilities is giving way to harder questions about productivity gains and bottom-line impact.
Also: All the news and watercooler chat from Fortune.
