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Companies that rushed into AI are now pulling back

Original: Companies rushed in on AI. Now some are pulling back

Several companies that moved quickly to adopt artificial intelligence are now scaling back their AI investments, according to a new report. The pullback suggests early enthusiasm for generative AI has cooled as firms confront unclear returns, high costs and difficulty integrating the technology into everyday operations. Business watchers say the shift could mark a broader rethink of corporate AI spending.

Why now: Businesses rethinking costly AI investments is a timely and consequential story for markets and workers

The Guardianartificial intelligence

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