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60% of firms cut AI spending, shift to cheaper models: UBS
60% of firms cut AI spending for cheaper models. NVIDIA largest company by market cap on July 31, 2026 at 0.2% YES.
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businessinsider.com
UBS says the majority of enterprise companies it's talked to recently are 'throttling AI spend'
UBS analysts say their conversations this month have reaffirmed their view of a modest "emerging headwind" for AI model makers.
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cryptobriefing.com
60% of firms cut AI spending, shift to cheaper models: UBS
60% of firms cut AI spending for cheaper models. NVIDIA largest company by market cap on July 31, 2026 at 0.2% YES.