AI spending seen as cost, not growth driver: Apollo analysis
Photo: Crypto Briefing
Companies are increasingly viewing artificial intelligence (AI) expenditures as a cost that impacts their margins rather than as a driver of growth, according to analysis from Apollo. This shift in perception comes amid reports that a majority of companies are experiencing moderate to high impacts on gross margins due to AI costs. Apollo’s findings suggest that the tangible financial benefits of AI remain largely confined to major technology firms, while other companies are either delaying or canceling AI initiatives. This sentiment could influence the valuation expectations for AI-focused firms like Anthropic , especially if major investors reassess their investment strategies.
Source: Crypto Briefing
