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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.

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THE NBW BRIEF

  • 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.

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