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Australia's CBA flags surging AI costs as tasks grow complex, slams 'work slop' - The Economic Times
Commonwealth Bank of Australia CEO Matt Comyn said businesses globally are likely to tighten scrutiny of artificial intelligence-related spending through 2026 as adoption accelerates and pressure mounts to demonstrate returns on investment.
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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.
