Top AI firms pivot to profitability track leaving price wars behind

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With artificial intelligence companies such as OpenAI and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/anthropic” target=”_blank”>Anthropic pausing steep price cuts of their ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/generative-ai-models” target=”_blank”>generative AI models, several Indian startups may have to tap external funding to scale up their GenAI-based applications.

OpenAI, Anthropic and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/google” target=”_blank”>Google — which reduced GenAI model pricing by 65%-90% in 2024 — are releasing new models at roughly flat or even higher rates.

Experts said the cost of intelligence may still go down going forward, albeit at a slower rate because model companies are no longer hustling to train new models month after…



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Top AI firms pivot to profitability track leaving price wars behind


With artificial intelligence companies such as OpenAI and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/anthropic” target=”_blank”>Anthropic pausing steep price cuts of their ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/generative-ai-models” target=”_blank”>generative AI models, several Indian startups may have to tap external funding to scale up their GenAI-based applications.

OpenAI, Anthropic and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/google” target=”_blank”>Google — which reduced GenAI model pricing by 65%-90% in 2024 — are releasing new models at roughly flat or even higher rates.

Experts said the cost of intelligence may still go down going forward, albeit at a slower rate because model companies are no longer hustling to train new models month after…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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