AI
Top AI firms pivot to profitability track leaving price wars behind
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With artificial intelligence companies such as OpenAI and Anthropic pausing steep price cuts of their generative AI models, several Indian startups may have to tap external funding to scale up their GenAI-based applications.
OpenAI, Anthropic and 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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