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Australia's CBA flags surging AI costs as tasks grow complex, slams 'work slop'
SYDNEY, June 2 : The cost of using AI will rise in less predictable ways as companies deploy the technology for complex tasks, the head of Australia's biggest bank said on Tuesday, calling the expense a key emerging management challenge.Commonwealth Bank of Australia CEO Matt Comyn said businesses globally ar
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economictimes.indiatimes.com
After the AI binge, companies balk at soaring bills
Artificial intelligence is becoming more expensive as companies rethink their initial embrace. The era of "subsidized intelligence" is ending, with rising costs for AI agents and…
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afr.com
CBA hopes its AI agents can fend off a competitive threat from OpenAI
Major Australian banks face a new front for competition in increasingly complex personal financial assistants launched by US artificial intelligence providers.
