A quarter of AI spending is wasted, says new report

A new report finds that 25% of AI spending is wasted, primarily due to inadequate cost management and lack of ownership.

A recent report reveals that 25% of AI expenditures are wasted due to poor cost management.
Over half of businesses lack a dedicated owner for AI costs, complicating oversight.
Only 20% of organizations can identify unexpected AI cost spikes quickly, highlighting governance gaps.