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Choosing the right AI model for the right job is making and breaking budgets - Mobile Europe

Artificial Intelligence · London

Choosing the right AI model for the right job is making and breaking budgets - Mobile Europe

Mavvrik surveyed 372 enterprises and found widespread failure to forecast AI costs accurately and struggles regarding whether to use public AI models or private, secure ones Stanford University’s latest report found businesses’ use of AI jumped to 78% in 2024, up from 55% the year before, while corporate AI investment hit $252.3 billion worldwide. But a Mavvrik report has found that as investment skyrockets, 85% of companies can’t forecast their…See the Story