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Q+A: How to stop your AI budget blowing out
Description
Australian businesses are pouring money into artificial intelligence — but many still don't know whether it's actually paying off. New research from Elastic suggests one in three businesses exceeded their AI budget last financial year, while just 8% are tracking AI's contribution to revenue or cost savings.
Sean Aylmer speaks with Jeremy Pell, Country Manager ANZ at Elastic, about why AI spending is blowing out, how businesses can measure the return they're getting, and why the next phase could be about matching different AI models to different jobs.
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