Google CEO Sundar Pichai shifted the AI conversation from to economics at this years’s Google I/O conference. Pichai warned that the companies around the world are blowing through their annual AI budgets by May due to runaway token usage.

Uber COO Andrew Macdonald gave voice to the growing concerns that, despite spending big on AI, companies aren't seeing meaningful returns.

Google CEO Sundar Pichai shifted the AI conversation from to economics at this years’s Google I/O conference. Pichai warned that the companies around the world are blowing through…

Concerns that surging AI costs aren’t being matched by a rise in revenue are growing among big businesses, even as tech stock valuations continue to surge.