Navigating the Rising Costs of Generative AI for IT Leaders
Thursday, 18 July 2024, 10:01
Exploring Cost-Effective Strategies
The high expenses and compute-intensive nature of generative AI have prompted IT leaders to hunt for new cost-containment methods.
Challenges in the Market
The domination of one hardware maker in the generative AI space has contributed to the escalating costs faced by CIOs.
Search for New Technologies
Amid 'frenetic' spending, IT leaders are exploring innovative technologies as alternatives to costly generative AI solutions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.