EY launching unit to keep a lid on artificial intelligence costs

EY is launching a new unit to help companies manage the costs associated with artificial intelligence. This move is significant because many businesses have been struggling to achieve cost savings from AI adoption, with a recent survey finding that most companies have saved less money than expected. By offering expertise in AI cost management, EY aims to help companies mitigate the risks and expenses associated with AI implementation, which could have a positive impact on the bottom line of companies and potentially influence the adoption of AI technology in the market.

Read the source report: Moneycontrol