New York ¨C Artificial intelligence is getting expensive ¡ª and companies are starting to rethink their embrace of the disruptive technology.
Playing by a well-worn Silicon Valley playbook, AI companies charged rock-bottom prices to hook customers after ChatGPT burst onto the scene.
Kevin Simback of startup incubator Delphi Labs calls it the era of ¡°subsidized intelligence¡± ¡ª meaning investors were basically footing the bill so companies could offer AI on the cheap.
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